Adani Enterprises Ltd Long-Term Swing TradeTrade Setup: Long-Term Swing Trade
Entry Price: ₹2,250
Stop Loss: ₹2,100 (approx. 6.67% downside)
Target 1 (T1): ₹2,500 (approx. 11.1% upside)
Target 2 (T2): ₹2,700 (approx. 20% upside)
Risk-Reward Analysis:
Risk (Entry to SL): ₹150
Reward (Entry to T1): ₹250 (1.67 R:R)
Reward (Entry to T2): ₹450 (3 R:R)
Trade Rationale:
Technical Perspective: If the stock has strong support around ₹2,200–₹2,250 and a positive trend, it could provide a good entry.
Fundamental Outlook: Adani Enterprises is a high-beta stock; ensure it aligns with the broader market trend.
Volume & Momentum: Watch for increasing volumes and price action above key moving averages for confirmation.