Adani Ent - Extreme Caution
A stock thats been in the news for a long time now.
Its close to breaking the AVWAP of the entire move which starts from the bottom.
Its also close to breaking below thee trendline support where it already is.
Stay cautious here...but on the flipside i wouldn't short it either coz we don't know about the free float nor how easily it can be taken up again.
It could be heading to 1830 again.
SL above 2180
Its close to breaking the AVWAP of the entire move which starts from the bottom.
Its also close to breaking below thee trendline support where it already is.
Stay cautious here...but on the flipside i wouldn't short it either coz we don't know about the free float nor how easily it can be taken up again.
It could be heading to 1830 again.
SL above 2180
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