ADANIENT
Bearish on AdanientAdanient has been in a small range 14-15 days. On the upside it is having difficulty breaking 142 and on downside buying was seen at 135 levels. recently since few days we see buyers losing the fight. It should break the downside now. You can short at current levels or short after it breaks 135 level.
Target etc is given on charts.
Thanks
Short Adani enterprises NSE:ADANIENT
is finding difficult to break high of 223-224 , again a bearish pinbar formed, i will go short if it starts trading below 218 for target of 205 .
ADANIENT: BULLISH BATADANIENT has formed a bullish bat type pattern on the daily chart (or the formation is near completion). The Stoch RSI shows a loss in downward momentum. NSE:ADANIENT
One can initiate a trade whe the CMP breaches 150-152 levels with good volumes. Rest all information is in the charts.
ADANIENT short setupAdani Enterprises has broken the trend line and now showing class B bearish divergence.
Short below 133
Target1: 121
Target2: 110
SL: 140
Symmetric Triangle on Adani EnterpriseSymmetric Triangle pattern on Adani Enterprise and it may break either side.
Trade Long:
Buy above - 142
Target - 160
Stop loss - 133
Trade Short:
Short below - 124
Target - 105
Stop loss - 133
ADANI ENT: Big Bang Theory: The Narrow Range Break outIt was observed on the hourly chart that ADANI ENT was trading between a very narrow range (131-133) that means it's time for a breakout.
Starting tomorrow (or the day after), we may see some upside because the bears could not manage to bring the price down after the long green candle on 6 Jun.
Target: 240 (2-3 days)
SL @ 128
