ADANIENT trade ideas
ADANI ENTERPRISES LIMITED - Volume Breakout + Bullish on Chart📊 Script: ADANIENT (ADANI ENTERPRISES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY NEXT 50
📊 Sector: Commodities Metals & Mining
📊 Industry: Metals & Minerals Trading
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 67.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 3575.70
🟢 Target 🎯🏆 - 3885
⚠️ Stoploss ☠️🚫 - 3417
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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#ADANIENT Weekly Major Support & Resistance Levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
ADANI ENTERPRISES STAGES!!BLUE CIRCLE: is the consolidated market after the nifty 50 gave its bull run recently after June 20th.
ORANGE CIRCLE: is the buying and selling, basically the manipulation of stocks for the short period.
RED CIRCLE: and now the current stage, where the stock is forming A HIGHER LOWS PATTERN, chance to give a breakout.
PURPLE LINE: is a support.
Pullback View for ADANIENTI am expecting pullback on NSE:ADANIENT
Best entry level is 3179 with strict stop loss of 3105. Can hold Adani Enterprises for two targets which is 3293 & 3401. If price sustain above 3401. It will take more upper side move.
Note: This is my personal analysis, only for learning.
Thanks.