Adanient 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
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 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.
Adani Enterprises has broken the trend line and now showing class B bearish divergence. Short below 133 Target1: 121 Target2: 110 SL: 140
Symmetric 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
It 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