ADANIENT levels Support Resistance

#ADANIENT
Current Price: ₹2,968.35
Trend: Sideways/Consolidation
Chart Pattern: Descending Triangle
Resistance Levels: ₹3,100 - ₹3,200
Support Level: ₹2,900
Volume: Lower during consolidation, indicating in decision
Recommendation: Buy above ₹3,100 for breakout confirmation or near ₹2,900 if
support holds, with a stop-loss below ₹2,850@ashwin06The stock is showing a sideways/consolidation trend after a period of volatility, with price fluctuating between ₹2,900 and ₹3,200.It has seen a few sharp dips and recoveries, indicating indecision among traders. The price action seems to form a descending triangle pattern, with lower high sand strong support around ₹2,900.
Chart PatternsTechnical IndicatorslevelsLONGsupportSupport and ResistancetradeTrend Analysis

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