ADANI ENTERPRISES "Parallel Channel" FormationAdani Enterprises Has Formed A "Parallel Channel" Pattern By Taking Support At (270) And Resistance At (305). It Has Also Shown A Intense Pullback When It Retested Its Support.
Support - 305
Resistance - 270
Checkpoint/STT - 305 ("Checkpoint" Are Those Areas, Where Trend Reversal Is Possible.
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Adani
Adani Transmision (Correction Likely)CMP = 276.85
In 5 sessions from 222.20 to 276.85 (24.5%)
Hammer candle formed on top with huge volume.
Most likely will correct
upto 261 (5.7%)
upto 250 (9.5%)
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*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
Breakout Pattern in Adani Gas Ltd.Today Adani Gas Ltd has decisively given a bullish breakout pattern and has closed above its 50days EMA.
Adani Enterprise (pennant and Flag pattern in downtrend)Adani Enterprise has given a breakout from pennant in its downtrend meaning the downtrend will continue from here.
CMP: 134.65
Targets are 117 and 112 with Stop loss (152.45),
Target 3: 80, after falling below 112 you should start trailing stop loss strategy to maximize profit.
After reaching 117 revise stop loss to 134 (sell price), than I would suggest to trade keep this with trailing stop loss.
Let me know If you agree with my idea.
Adani Power Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 3 to 8 times.