ADANI ENTERPRISES LTD
Long
Updated

ADANIENT - time for a comeback?

144
Thoughts mentioned on chart. It can attempt to fill the gaps it made while moving down. Good Risk reward on offer
Trade active
Initiated the trade today after seeing good candles in the last few days. This is a cheat entry, ideally wait for another follow through candle.
Note
My entry was early and I am paying the price for it. Stock has done nothing since I am in the trade. But knowing Adani and how the metal stocks move, if the upside comes, the RR is going to outweigh the timing factor, Fingers crossed this resolves on the upside.

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