Afer a tiring run up, Now is the time for Adani enterprise to take a breather and then maybe continue on this continue upward, for now I'd go short Adani with SL above the consolidating channel!!
@rahul93bhagat .....it seems very strong on daily, weekly & monthly timeframe with RSI more than 80..... I think.....daily some positive news is flashing of Adani enterprise share and it is keeping up its momentum intact for upside...
yeah but it will have retracements from time to time. & don't think it will keep going up. remember law of gravity. it will have to come down n consolidate. although for long term it's a good bet considering amount of demergers it will have.. but my short term view is bearish.
Viratk
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@rahul93bhagat, bro.....it is manipulated by the Adani group itself..it is looking very strong for the next target 3500 level.
Viratk
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Despite Dow jones falled down by 1000 points on Friday night 26/08/2022....
Adani enterprise is not falling by 1 %......it is showing the strong relationship between Adani and BJP Government.
I think ...this stock will not fall by 2024 elections in India.... Next target for Adani Enterprise share is 3500....after that 4000...
I think.....daily some positive news is flashing of Adani enterprise share and it is keeping up its momentum intact for upside...
@rahul93bhagat ...let's wait and watch for now.....