Demand May Be Exhausted in Adani Enterprises (ADANIENT)
ADANIENTAdani enterprises on daily chart indicating exhaustion of demand.
As prices moving higher price ranges are getting shorter and volume is increasing. This may be a indication of less demand and supply on the verge of overtaking whatever demand left in this counter.
Swing and short term trader must be cautious now any closing below 1210 may take this counter towards 1050 .
This view will become invalid if we see good strong closing above 1350.
Thank!!!!!
|| Hari Om ||
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