ADANIENT trade ideas
Go Long on Adani EntAdani Ent has come out of Ascending Triangle. May Retest to 154 levels. Target 194
SL Should be 148.6
Adanient - ShortAdanient is roaming in this down side channel,this move will again happen in the downward direction if it gave breakdown below 154.50
ADANIENT CASH : LOOKS GOOD IF CLOSE ABOVE 170.10ADANIENT CASH - POSITIONAL CALL
28.06.2020
LOOKS GOOD IF CLOSE ABOVE 170.10
FOR 185/198/220
STOPLOSS 155
CMP 162.35
Short term trading based on simple price actionTargets based on FIBONACCI TREND BASED EXTENSION.
SL Can be based as per RR ration or MA.
My opinion: Overall I don't have a positive outlook on overall market. Only short term trades should be taken with strict stop loss.
adani enterprise long term viewI am long on Adani Enterprise for a period of a month.... last time also it increased from this level.
Adanient is touching the resistance zone, could breakoutAdaniet is looking for breakout, Keep checking the volume before its breaks.
A GOOD ONEadani ent is at its weekly resistance level
if it could break this zone 158-161 it will be good stock for swing trade , could set a target of 180 range
for intraday buy abouve 160 target at 172
SL at 154
Adanient - Short Term and Intraday. Buy SetupAdanient has tested 151-152 resistance level 4 times now. I feel it is going to break this resistance and test the next level of 160 soon. This stock can be considered for both Intraday and Short term trading.
ADANIENTTake trade based on your analysis
Buy/Short just above/below the marked line.
Typically for intraday start trailing your stop loss from 0.5% towards target
Stoploss is based on your capacity
I usually hedge towards the stoploss direction
if price opens between the target and entry line, I usually dont trade that scrip.
