One more down side still pending.

bijoy2526 Premium Updated   
It is not any trading recommendation.
as the stock is highly volatile and involves high risk/reward.
Only those who can manage it with high level of technical studies should
trade this counter.
I had publishedseveral posts of adani several times which were right at the targets.
Here potential down side is still open.
two options here are available.get
The one going wave still extend and there will be a pull back after that and then we can get decline (this is first option).
second option right from here we can get pull back then there will be decline..
final decline how it will take shape we can know at that time only.
yesterday I had successfully predicted the targets of adani port while it was at 641 for a target of 567
and ambuja cement while it was at 414 for a target of 377.
Of course market always does not offer opportunities for such predictions.
Trading opportunites are highly profitable while trading wave 3,wave 5,wave a and c.
Reversely trading in wave 2 ,wave 4 and wave b not at all rewarding for option buyers.
please go through my recent posts of hdfc bank and sbi which were in reverse directions one in bullish side and othere in bearish .
don't forget to like this posts and follow me to get updates.I am attching my past posts of adani ent here.
Most persons who had long positions in adani ent must have burnt their fingers.
hence is always advisable to hold hedged positions.

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