ADANI ENTERPRISES Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock has made a bullish breakout by coming out from its down channel formation, Further strength expecting once closes above 506. (Updated on 22nd August 2014, Friday).


  • Adani Enterprises was trading in a down channel formation, technical indicates that stock has come out from its down channel formation and can see some sharp moves as long as stock trades above. Adani is currently facing strong trend line support at current level @ 506, this indicates once stock closes and stays above 506 it will favor bulls for next few trading days.
  • As per graph no2,  stock will find strong trend line resistance around 506, 514 and 585, we can see some bullish action once Adani closes above its resistance level. Close Watch.
  • If Adani close above 506 and moves up then will find next strong resistance @ 514, and above 514 will find next resistance @ 564 its 161.8% fibonacci retracement, as shown in technical chart no3.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips