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Alphahunter07

Adani Enterprise just pure technical analysis

ADANI ENTERPRISES (NSE:ADANIENT)  
Alphahunter07  
NSE:ADANIENT   ADANI ENTERPRISES
Trend Analysis Chart Patterns ADANIPORTS ADANIENT ADANIPOWER adanienterprises adani ADANIGREEN adaniporttechnicalanalysis ADANIGAS
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trendanalysis chartpattern adaniports adanient adanipower adanienterprises adani adanigreen adaniporttechnicalanalysis adanigas
Adani Enterprise just pure technical analysis

  • broke the 200 day moving average on large volume
  • lot of news flow with some allegations by Hindenburg short seller with some issues around float/holding structure and pending follow-on-public offer
  • Most likely previous support will become resistance, and trend broken?

Keeping this to technical analysis for the time being
Shows important questions around corporate governance in emerging markets
Holding structure and what's true float?
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