ADANIENT - Bulls getting ready to bump up ?????!!!Y essss!!! !
Chart patterns inculcating me the above titled opinion.
1. Monthly timeframe shows the symmetrical triangle pattern from 2020 till now, now the stock at support line(chart image shown below)
2. Weekly time frame shows us the INSIDE BAR candlestick pattern(mother baby pattern) with good volumes....with the low umtested till now.(made the low of 2025 on 22 nov 2024)
3. Daily time frame shows the Breakout attempt out of the 11 month old trendline.
4. Now, with the results on may 1, we can expect a volatile move.... .with the inverted h&s pattern around the corner.
Voluminous Entry can be made after the BREAKOUT WITH GOOD VOLUMES...
will update once the breakout happens.
Just add it to your watchlist and keep an eye on it.
THIS IS JUST MY OPINION..NOT A TIP NOR ADVICE.
Thank you .
