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praveshk2
Sep 16, 2022 12:57 PM

Adani enterprises divergence Short

ADANI ENTERPRISESNSE

Description

Posted monthly divergence on jun29, also mentioned it may take years to resolve, n we need to seek divergence in small timeframe like daily, currently found a negetive divergence n marked on chart for target of 3186 to resolve this divergence, there it may take support of ema50, as currently ema 50 is around 3000 level in between can seek support of ema 20 around 3360, also if we notice its making a similar candlestick pattern as on 18th _19th Aug ( marked with circle on chart).
Comments
Viratk
Bro...Adani Enterprise's share is very strong... Do not sell this share ....next target 3800 level....2-3 days...
praveshk2
@Viratk, totally agree, would only short when setup fulfills criteria, which did not find today, but keeping it on radar.
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