ADANI ENTERPRISE DOUBLE BOTTOM BREAKOUT SETUP IN PROGRESS

Jun 4

🎯 Conclusion: Bullish Bias With Confirmation Level

1. Signal Interpretation
   
2. ✅ Double Bottom @ ₹2020 Powerful long-term support zone
   
3. ✅ Ascending Channel Controlled uptrend underway
   
4. ✅ S/R Flip at ₹2460–₹2490 Major zone of buyer interest
   
5. 🚀 Breakout Level ₹2646.70 – above this = BOOM
   
6. ⏳ Accumulation Phase Setup near completion
   
   Adani Enterprises has formed a strong double bottom at ₹2020, signaling a potential long-term reversal. The price is moving inside a rising parallel channel and has reclaimed the key ₹2460–₹2490 S/R flip zone – now acting as strong support.
   
   A breakout above ₹2646.70 with volume confirmation can trigger a rally toward ₹2900 / ₹3050 / ₹3250.
   
   

Jun 12

Trade closed: target reached