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shiv2798
Jul 19, 2017 12:48 PM

Short term long set up  Long

ADANI ENTERPRISESNSE

Description

I am looking to enter Close above 141.00 for Target of 145/146 short term holding , Probably they will brake the upper trend line and bring the price down for new down ward impulse ,
its also possible before moving they may make small lower side brake out ( Fake out ) and pull the short seller and take the price to 145 range
I am considering this is for short term only , the longer term is when they brake ascending trend line for down ward move
there the Target is large
Regards

Trade active

Comment

Bingo Moving
Comments
dhirajsabharwal28
I agree Shiv.
shiv2798
@dhirajsabharwal28, Thanks sir
dhirajsabharwal28
@shiv2798, I am also having a view that if it test 137 n breaks down then we will see probable levels of 132-131. You can also plot Fibo to arrive t possible retracement n extensions based on latest curve. Don't forget to watch VWAP levels too.
shiv2798
@dhirajsabharwal28, Thanks for your kind advise sir
Regards
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