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akshay1808

Adani Transmission bearish divergence

Short
ADANI ENERGY SOLUTION LTD (NSE:ADANIENSOL)  
akshay1808 Updated   
NSE:ADANIENSOL   ADANI ENERGY SOLUTION LTD
Technical Indicators Support and Resistance Oscillators ADANITRANS
2
0
indicator supportandresistance oscillator adanitrans
ADANIENSOL Stochastic Divergence (lower highs) showing further fall from current level of 194. Keeping a stoploss of 200, new short position with a target of 187(T1), 177(T2) & 167(T3) is suggested!
Trade active:
Sell at 191.5
Trade active:
Reached 185.4
Comment:
T1(187) achieved....Don't think T2(177) will be achieved today.
Trade active:
Reached 182.5
Trade active:
Yesterday T2(177) was realized, but the stock didn't stay longer there.
Comment:
Today it should fall below T2(177) attempting towards T3(167)
Trade active:
T2(177) is breached.....one can take partial profit at 176
Trade closed: target reached:
Closing at 164.45.....All targets achieved. 3 Cheers!
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