As we can see on the daily time frame Adani enterprises at an important Fibonacci level which is 0.382 we can probably see a reversal from this point. we can enter into a short trade if trend line on the 15 min chart is break also we can achieve big target in this trade but with the proper segment selection and position sizing.
Multi-Months breakout (465-480) expected in coming days. BPCL Also announced a huge dividend and a results with good Net Profit. Buy when the resistance in the chart breaks with a strict stop-loss if the breakout fails. Targets are mentioned on the chart but sell if a trend reversal is seen before 'target2'. Good luck!!
First thing I wanted to tell that:
this company's earnings increased from 14 cr to 73 cr!
today is the earnings report.
Cup and handle formation also in it
it breaked it's consolidation channel.
it's the best time to enter at CMP.
And other four TGTs are mentioned in the chart.
do trade this.best stock for profit :)
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