ADANI WILAMR by KRS Charts
5th Nov 2024 / 9:22 AM
Why AWL ❓❓
1. Decent Fundamental and Corrected Stock Technically.
2. Even its Correcting since long time, it made HL in monthly Timeframe. Which is good sign.✅
3. Clearly 5 Wave Correction Structure is finished, One Bounce is expected till 4th Wave height from current price.
4. Upside Movement can be Sluggish it's a swing Entry so. 📈
With a Good R/R more than 1:3 Target will be 509 Rs.
with SL of 285 Rs Daily Closing Basis.
Why AWL ❓❓
1. Decent Fundamental and Corrected Stock Technically.
2. Even its Correcting since long time, it made HL in monthly Timeframe. Which is good sign.✅
3. Clearly 5 Wave Correction Structure is finished, One Bounce is expected till 4th Wave height from current price.
4. Upside Movement can be Sluggish it's a swing Entry so. 📈
With a Good R/R more than 1:3 Target will be 509 Rs.
with SL of 285 Rs Daily Closing Basis.
Trade active
Yesterday Closing with Bullish Engulf 1DNote
Still Closing is Above SL 285 1D T.F.Trade closed: target reached
Good Move Today
Let see Sustain or not.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.