ADANIENT trade ideas
Price into channelPrice reached resistance and rejecting from it. Expecting a short sell after confirmation. If breaks the channel then the above analysis is invalid.
ADANI ENT Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Long on ADANIENT : Morning star and Trend line supportBullish sign in ADANIENT. Morning star candelstick patten and Trend line support makes it more reliable. Volumes are very high at this point. Its going to touch 180 level soon and keep SL at 151. This is only for educational perpouse.
inverted H&S in progressfor intraday buy above 154
good for swing as well once H&S completes and price crosses neckline
ADANI ENTERPRISES Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Adani - bullishAdani is consolidating at price 156 and there have been put OI build-up at 160. I am seeing the volume expansion too. Expecting it to give 170 plus very easily. Let me know your views.
Disclaimer: Educational purpose only
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.
