ADANI ENTERPRISES | TRADE SETUP 26-07-2021

Jul 25, 2021

ADANIENT

On , 22-07-2021, It has broken the trendline with good volume and on 23-07-2021 tested that trendline and made a reversal.
But it closed near to the critical rage of 1400.

Good Long/Buy trade will be only above 1440. And good & safe long/buy trade will be only above 1450 level. Target for long/buy trade are mentioned in the chart.

Any dip above 1360 will be an buying opportunity.

Once it breaks the level of 1330 then it will be good short/sell trade opportunity.

Hope my ideas are helping you to understand the trade setup, price action and levels.

Do comments if you have any doubt/suggestion.