Has Stop-loss of more than 5%
Trade Carefully and with limited Quantity
If 1600 Breaks then we only have only
1700 and Previous High as Resistance
Other all Details Are been Shared on Chart
NOTE - THIS TRADE IDEA IS ONLY FOR EDUCATIONAL PURPOSE
WE ARE/WOULD NOT BE RESPONSILE FOR ANY PROFIT OR LOSS
EXPLANATION : This is a 30 Min time frame chart of ADANIENT . It has formed a Bullish Flag Pattern , Less volume . If stock break the flag with high volume I am seeing a very good opportunity in ADANIENT . ( Use Fiboncci )
Exact flag and pole pattern in Adani Enterprises. Keep an eye on it. Possibility to reach it's all time high again if break out happens. Max target 1717.25. Just sharing what I see in the charts. Don't take it as a tip or recommendation.
Today i have made a post on ADANIENT
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be...
Adani port has broken the resistance of 740 and closed at 753. One can buy for a target of 850 in a short term. Stoploss : 705
Disclaimer : this is only for the education purpose, do your own research before making any buy/sell decision.
Stock has already break the resistance line on the upside, showing a bullish candle and complete the symmetrical triangle pattern. This is clear indication of good breakout with standard volume. So we can ride on that bull run.
ADANI ENT is on verge of breakout
If break & sustain above 1600 it could perform very well in coming days.
Keep an eye on it💯
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
After a good fall and consolidation ADANI PORTS is showing the breakout of consolidation in form of triangle.
which gives a good opportunity for a swing trade with 1:3 RISK TO REWARD.
comment down your thoughts.
We can appreciate a triangle pattern in the script. Follow the support and resistance trendlines for positional trade.
Fundamentally, the only Adani stock with a PE ratio of less than 30. Good to hold in one's portfolio.
Technically, the stock is good to buy around 660 to 675 levels. I'm bullish with Adani stocks..
Make your analysis and enter the trade. Risk...