Adani enterprises after breaking the support zone is going for the re-test.
Good to enter after 1 red candle from the above level (3850).
Target :- 3200
Stoploss :- 4000
Good risk to reward ratio, but only enter once it reverses from the above zone.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Good to enter after 1 red candle from the above level (3850).
Target :- 3200
Stoploss :- 4000
Good risk to reward ratio, but only enter once it reverses from the above zone.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Comment:
Re-test is almost done in this. Now waiting for it to reverse from this zone.
Comment:
First reversal candle in this stock at important resistance zone.
Trade active:
Very low volume in this stock, therefore, it is still yet to give a move either side. But as the markets trend is bearish, the chances of falling is high.
Comment:
Finally, with some good volume, the stock has given a 200-point move downwards
Trade active:
350 move in our direction.
250 more to go.
250 more to go.
Trade closed: target reached