Adani Greens

Date 14.09.2024
Adani Greens
Timeframe : Weekly

Remarks :
1 Previous descending triangle's neckline is current 50% of Fibonacci
2 Forming diamond pattern in-between 50% & 61% of Fibonacci
3 Breakout at 61% + diamond pattern exit
4 Breakdown at 50% + diamond pattern exit
5 Exit after diamond pattern & 50%/61% & exit from fibo circle of 161% extension will generate 30%-40% rally either side without doubt

Regards,
Ankur