Tuesday, 23 February 2016

Adani enterprises ltd

Sell Adani Enterprises ltd for the target of Rs.48/- with the strict stop-loss of Rs.67/-. The stock is in full grip of bear and huge selling pressure will come from this level. The stock is very weak on chart and is trading below all moving averages. One should go short in this stock. In my view the level of Rs.48/- will be seen very shortly. At that level one should think about making long position for long term only. The stock is currently trading at Rs.61/-

Discloser-
 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I/blog author will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
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