Observation based on past 4 examples. Clear upside visible if it breaks this trend. Target4-5 is achievable in a month period if it takes positive direction. But keep booking it ones they hit my targets. Or trail it with previous levels (start with SL1) And ones it cross & sustains 3500 levels. There wont be any limits.
If market itself takes negative direction....
Cycle Degree:Yellow
Primary:White
Intermediate:Orange
Minor:Blue
Currently we are in Cycle degree wave 3 which started from 2013, of which we have surpassed 161% extention target,hence next target of 261% extention is coming at 6259.
As can be seen this cycle wave 3 has been sub divided in 5 intermediate impulsive waves shown in white.Currently on intermediate...
ADANI ENTERPRISE:
Swing Targets: 3900/400
Long Term: 6000
Company Background and Work:
- Founded by Gautam Adani in 1988, Adani Enterprises Limited is a conglomerate within the Adani Group.
- Core sectors: Energy, infrastructure, logistics, agribusiness, real estate, financial services, and defense.
- Evolution into a leading player in India's business...
Adani Enter- CMP 3122
Generally the fall like the one in this counter consolidates for years before it moves up. The sharp rise in this counter is telling me the correction is on. This is the B leg of the correction which is a zig zag and has two potential tgts one the previous high at 3875 and the other at 4941. The crash will come post that which will be the C leg.
-trying to break triangle pattern
-delivery volume is decent should rise after breakout
-rsi rising slowly BB upper band is also there
-taking strong support from 50 EMA & lower trendline
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Looks like the reward is not that great. But expecting it to hit through the resistance at 4100 and go beyond.
Stop below 2800
Target 1 - 4100
It is making Higher Highs Higher Lows, Only if the momentum is broken with high volume.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On the Verge of Breakout
Impulse move expected in few days
1. Entry at 3205 (Below 3200 invalid)
2. Target - 3578
3. SL - 3008
Note: - If price not sustaining above 3205, avoid the Entry
ADANI ENT looking good with small Stoploss and a decent target
ENTRY : 2925 or after closing or sustaining between 2920-2925
Stoploss : 2872-2875
Targets at : 3000, 3020, 3050++
Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not sebi registered this is my personal view
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Stock made Accumulation for a longtime and Broke out.
Breakout and Consolidating, Short to Long term Investors can Hold the stock.
Maintain Risk managment
