tbhandohal

ADANIENT (Potential Reversal)

Long
NSE:ADANIENT   ADANI ENTERPRISES
ADANIENT (Potential Reversal) Rationale

1. Price dropped by more than 75% whereas volume dropped only by less than 4%

2. Divergence on RSI in oversold territory.

3. Potential reversal from dynamic support of Anchored VWAP

4. Pivotal breakout of latest higher close

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