Adani Enterprises Swing Idea (Long)
Adani has been accumulating for last 3 months expect it to move the advancing stage in upcoming weeks due to following reasons:
1) Double Bottom/W pattern Formation
2) Swing low are retested, Trendline are broken
3) Consolidation over last 3 months
4)Trading above 20,50 & 200 EMA on daily chart & weekly chart
5) Also a parallel channel break out
6) If switch to candle chart, there is pending exhaustion gap pending to
covered.
(Note: I am neither responsible for anyone's profit or loss nor I'm a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
1) Double Bottom/W pattern Formation
2) Swing low are retested, Trendline are broken
3) Consolidation over last 3 months
4)Trading above 20,50 & 200 EMA on daily chart & weekly chart
5) Also a parallel channel break out
6) If switch to candle chart, there is pending exhaustion gap pending to
covered.
(Note: I am neither responsible for anyone's profit or loss nor I'm a sebi registered RA, this only for educational purpose. Please do your own due diligence before taking any trades.)
Transaction en cours
Trendline has been broken. Trading above 20,50 & 200 EMA on daily & weekly chart
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.