Adani ent. seem to be at the current swing high. I think profit should be booked at this level. Or at least half of the stocks should be released, and stay with rest half.
Observations::
Drop base drop is observed
now stock price @ base, but no sign of bearishness...
after showing bearish again consolidation...
may again goes bullish or reversal we have to wait for confirmation.
If base acts as resistance price again falls.
we have demand zone @ bottom price will test that zone but not immediately...slow process is going to observe....
ENTRY IS GIVEN AT 2140
STOPLOSS IS AT 1820
TARGET IS 3900
Double Bottom Pattern
This View is purely based on Technical Analysis and is for educational purposes only.
Observations::
-------->> the stock is trending upwards.
-------->> now price is at the zone where a strong sell off happens previously, may price again fall from this zone.
-------->> careful at this zone before going long.
--------->> we have a trendline support as well. keep track this level for further movement in the stock.
Note::
Keep on sell side from this...
Provided if the Stock breaks the level of trendline in upcoming Trading Session, there is a chance for going long for Swing Trade. There is good volume coming up in last few days. There has been some positive news in Adani Ent .
If the price breaks above the level and then retests the levels and moves in a up direction we can have a swing trade in Adani Ent.
I...
Hi Everyone
My overview of adani enterprise
you can trade if you get opportunity
adani ki tarah facebook and microsoft ke share bhi correct huve the ok
Adani Enterprises...
last quarter fully news driven...
Super Volatile (Actually good for trading... My customers who are following here also know we made good money in cash and options in last two months...in this counter)
What next.... ?
Have marked important price action levels...
Follow for more updates....
Like and Share...
AdaniEnt Cmp@1740
looking good ...
close above 1750
keeping a sl at 1600
it is looking for test its previous supply area of 2800-3000
Showed in green area
Just a View!!
Vedang :)
Technical Analysis of ADANIENT/INR:
ADANIENT is currently trading at ₹1615, which has seen almost a 20% rise within 2 days after a significant fall of 75% within 3 months. Many retailers attribute this fall to the Hindenburg Report, but I believe that the retailers may be wrong. The decline began in December 2022, and a strong reversal pattern formed at the top....
