ADANIENT BREAKING OUT OF CONTINUATION PATTERN
*Stock is breakout of its consolidation phase
*Rectangle is a continuation pattern
*Normally trend resumes after huge consolidation
*Daily and weekly RSI trading above 60 indicates strength
*Longs entered already
*One can still enter above 1717-1720
*Stop will be deep at 1640 as we are playing it positional
*Stoploss will be trailed to buy price when T1 is reached
*Target are as follows :-T1@1815,T2@1890,T3@1980
*Rectangle is a continuation pattern
*Normally trend resumes after huge consolidation
*Daily and weekly RSI trading above 60 indicates strength
*Longs entered already
*One can still enter above 1717-1720
*Stop will be deep at 1640 as we are playing it positional
*Stoploss will be trailed to buy price when T1 is reached
*Target are as follows :-T1@1815,T2@1890,T3@1980
TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
t.me/tradersmojo