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.
ADANIENT has been moving in a range. giving multiple doublebottoms. CUrrently retesting the lifetime highs.
Awaiting Breakout/ REversal on account to result on monday. It broke out of the descending triangle with a huge leg up. May FLAG a little before taking the direction.Blue lines are the lifetime resistance levels frmo monthly chart.
