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ADANI ENTERPRISES formed triangle formation, sharp movement expecting in coming days.


  • Stock moving up from 200 DMA, chart indicates as long as stock holds above bulls will be favored.
  • Technical charts also indicates stock has formed triangle formation, this indicates once stock comes out from its formation sharp movement is expecting.
  • As per fibonacci retracement studies stock is facing golden ratio resistance @ 494, once stock closes and holds above 494 further price rise can be seen. Close Watch.

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