Adanient - ShortAdanient is roaming in this down side channel,this move will again happen in the downward direction if it gave breakdown below 154.50
ADANIENT
Adani Enterprises Bear Flag1) Facing strong resistance at 15-154 levels
2) Bearish below 145 on daily closing basis, may move towards 135.
3) Bullish above 154
ADANI ENTERPRISES Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Breakout and pullbackADANIENT has given Bo from TL on 29/05/20 and it pullback to TL can be good candidate for long if sustains above TL
stoploss should be below TL
Adani Enterprice - Waiting Near TrendlineIf a trendline is broken then it can touch a fibbo level of 0.618 = 131.90. If that is broken then can come for 128, 126.
Adanient - Impratnt Supports
Stock has a major support around 185-180 levels.
Imp Observation
Stock falling with an average volume, which is good sign.
Keep in an eye on stock near those levels.
ADANIENT Trend Analysis for Education and Fun @tradevikingsADANIENT Trend Analysis for Education and Fun -
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ADANI ENTERPRISESIt has made a Bearish Harmonic Alt Shark in hourly time frame. If it fails to go above 218 it could retrace to 205-200
ADANI ENTERPRISESIn daily time frame its now breaching through a daily support and entering into the KUMO zone. In hourly it has given a breakdown at 208 Sustaining below 200 on closing basis could take it to 180. Any pullback till 208 could witness selling pressure.
Adani EnterprisesWeekly time frame Bearish Harmonic AB=CD can retest 180
Daily time frame diagonal ending, breakdown below 203
Hourly time frame Bearish AB=CD prz 215
View would negate above 223
ADANIENT (Oil & Natural Gas Corporation Limited) BUY ABOVE 155ADANIENT (Oil & Natural Gas Corporation Limited) BUY ABOVE 155
ADANIENT 131 || LONG || INTRADAYBUY above 131 SL 129
Targets 133, 135, 138, 140
OR
ADANIENT 29AUG 135 CE (₹1.70)
