Short

ADANIENT SHORT

By simple_trader2022

Updated

Adani enterprises after breaking the support zone is going for the re-test.
Good to enter after 1 red candle from the above level (3850).
Target :- 3200
Stoploss :- 4000

Good risk to reward ratio, but only enter once it reverses from the above zone.

Trade safe. Manage risk. Be profitable.

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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.

Note

Re-test is almost done in this. Now waiting for it to reverse from this zone.

Note

First reversal candle in this stock at important resistance zone.

Trade active

Very low volume in this stock, therefore, it is still yet to give a move either side. But as the markets trend is bearish, the chances of falling is high.

Note

Finally, with some good volume, the stock has given a 200-point move downwards

Trade active

350 move in our direction.
250 more to go.

Trade closed: target reached

simple_trader2022

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