Adani spot cmp 1400
symmetrical triangle pattern breakout done,, macd bullish crossover and rsi have given breakout from falling trend line,,
counter can give 10-15% up move from current levels
Good long candidate
Here is the expected moves of ATGL . ATGL has crashed from top. The stock can take a pause and give a upside movement for a short span of time. Expected Support Zone - 745 -750. Wait for a green candle in this zone. Do not just jump.
Adani Ent is in a convincing triangle pattern
Expect 25% upmove in the coming days
Target can be 1700
SL according to your risk appetite. Anywhere below the base of the triangle
1) Ascending triangle pattern has been formed.
2) The support and resistance lines have converged and the pattern is on the verge of breakout.
The stock looks bullish and upward move is expected once it breaches the resistance line on closing basis for the given time frame.
Disclaimer: These analysis are only for educational purposes. Plan your trade wisely.
ADANIENT moving up from support. Please check below chart for a simple analysis.
Disclaimer : Sharing my ideas only for knowledge, please don't interpret as buy/sell/hold call. Do your analysis before any action !!
Tested crucial level.
BREAKOUT signal in all indicator , may enter wide monthly pivot level , near 200 MA resistance
Will take a good move from here.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Adani Enterprises seems so bearish, so give an entry with an appropriate Stop loss on downside
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is...