Adani Enterprises: 100 pts long trade.

First of all Happy Deepavali to Everyone. Wish everyone a happy trading year.



* Previous ICICI Bank trade worked out very well achieving all its targets. Still following the trend channel.

* Adani enterprise after taking A strong support from 2700 level on the way to retest its swing high 3100 - 3200.

* Presently trading on fib retracement zone of 0.5 to 0.6 at 2950 level.

*Trade levels for the trade



Target levels: 3100-3200 (if resistance breaks, can take more risk)
Stop loss: 2900
Risk/Reward ratio: 1:2