#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.
ADANIENT trade ideas
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.
ADANIENT - Price Action Analysis NSE:ADANIENT has reached out its fuel.
Every up move the volume is getting down and the size of the candle is getting smaller even after broke the all time high , still the momentum is getting lost.
What I believe the up move sustains till 2560 and then after you will see a good correction.
Still this stock is not believed in any technical analysis but those who have can booked their profit.