ADANI ENTERPRISES
- As per previous report published on Adani Enterprises , stock showed intraday action by breaking its resistance @ 515 and made a high around 524, but failed to closed above 515. (Click here to see previous report published on Adani Enterprises).
- Now as per current stock analysis chart no1, Adani Enterprises is facing strong trend line resistance around 525, As long as stock trades below bulls trend is not clear and some correction can be seen, but once stock closes and stays above 525 then further strength is expecting for next few trading days.
- Intraday stock trading tips - Close watch once stock starts trading above 525 during trading hours , if holds above 525 with volume then intraday bulls action is expecting in Adani Enterprises.
- Suggested Reading - CUMMINS (I) facing strong trend line resistance at current level, will favor bulls once closes above.
- As per graph no2, if stock closes above 525 then looks bullish, and if moves up from current levels then with find next trend line resistance around 585 its previous top.
- Suggested Article - 5 Biggest Stock Market Myths.
- But if stock corrects from current levels and comes down then on down side will find fibonacci retracement support around 500, 485, 473 & 460, as shown in chart no3.
- Click here to see all the free trading reports (tips) published by us on ADANI ENTERPRISES.
- Equity Trading Tips India.
No comments:
Post a Comment