SUMMARY:- *stock has broken crucial support of 1660 *next logical support@1540-1550 *result impact *day high as a stop and target can be revised on the downside
SUMMARY:- *stock after a huge move last year was consolidation in the zone of 1775-1545 *from past few days we are seeing some good action on price and volume *break of consolidation zone will ensure 1900-2000 levels on the stock in coming time *also a visible ascending triangle pattern breakout can be seen in stock ADANI FUT TRADE...
*Stock is breakout of its consolidation phase *Rectangle is a continuation pattern *Normally trend resumes after huge consolidation *Daily and weekly RSI trading above 60 indicates strength *Longs entered already *One can still enter above 1717-1720 *Stop will be deep at 1640 as we are playing it positional *Stoploss will be trailed to buy price when T1 is...
buy between 1500 to 1550, breaksout on a close above 1600 for targets of 2000. maintain a stop below 1450.
Reasons to buy: -RSI above 60 -MACD Crossover Volumes low but positive, that is why selling PE or buying CE are better options. I myself am selling a PE at SP 1480.
price make head & shoulder pattern and break it and today retest it short with sl (1642) tg 1570
ALL SUPPORT NAD RSISTANCE MARK EARN PROFIT STRATGEY SELL 940 PUT @ 11AND 1240 CALL @19 FOR APRIL WEEK EXPIRY AND SIT RELAX ENJOY 40 K PROFIT. LEVEL FOR EDUCATION PURPOSE. NO ONE IS PERFECT IN TRADE BUT 7-8 TRADE OUT OF 10 GIVING PROFIT THAN STAY IN THE MARKET USE SL LEARN LERAN AND LEARN THAN ONLY YOU CAN EARN WATCH ON ABOVE , SPARE 3-5 SECONS TO GIVE THUMPS UP...
fisrt TGT achived so again can reverse r downside our levels