adani ent ., bearish shark patten complete (reversal sign),and rsi divergence 4hr timeframe, adani ent ., retest breakout level/support (2432) then we can see good upmove., currently avoid new entry for upside .
Reference Points
PDH - 2749
VAH - 2738
POC - 2729
VAL - 2717
PDL - 2690
One can trade on breakout of VAH/PDH or VAL/PDL or Trade reversals on VAH or VAL.
I am not sebi registered. This idea is just for educational and research proposes.
adani ent., bearish shark patten complete (reversal sign),and rsi divergence 4hr timeframe, adani ent., retest breakout level/support (2432) then we can see good upmove., currently avoid new entry for upside .
This idea is a follow-up to adanient
You can check the Link to Related Ideas.
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
This idea is a follow-up to adanient
You can check the Link to Related Ideas.
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
Adani Ent is nearing completing its B Wave which could be around 78.6 Fib level around 2300 or so levels. That means one more push up towards 2300 to 2325 where I would enter my short position with stop above 2425 and look for targets of around 1800 to 1750. This is a nice risk-reward trade if it works out well.
Keep eye on Adanient , looking good for long
if today it closed above 2240
sl : 2150
target : 2280
time duration : 2 to 3 trading days
*For education purpose only*
