Adani Enterprises is in strong uptrend. Though fundamentals suggest this stock is overbought, technically it looks like it is in consolidation from a few days, and following a channel pattern in consolidation. It may happen that it will come down some more and then it can take support. Now, it may happen that consolidation will continue for a few more days, but...
ADANIENT - on track for 490.. however, the lot margin is high for the F&O traders.. so, I recommend : Option- 460 CE - buy at CMP 25 for the target for 35 with the stop loss of 21.. trading idea for 2-3 days holding.
Adani Ent peaking above the Rectangle consolidation, a break of today's high will be a good entry point to target a 3X reward on the Risk