ADANI ENT FLAG BREAKOUT ON CARDS

SUMMARY
*stock after major break of 1900 went on to make a new lifetime high of 2400+
*stock recently after results corrected till levels of 1900 the breakout zone
*and now is back to continue its bull run
*bullish flag is a continuation pattern
*if holds through then adani ent is moving towards a new all time high

TRADE SETUP
*safe trades can enter when stock closes above 2250 on closing basis
*since there are two patterns visible
*2250 and above is safe to enter
*2140 below 2150 will be our buffer stop
*target on the upside initial is 2390 for short-term
*once we cross and close above 2400 we will raise target towards 2500
*and according to extension of pattern a move towards 2600-2700 cannot be ruled out

TO BE UPTO DATE
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DISCLAIMER
*my views are not trade recommendation
*please consult your financial advisor
*do not over trade
*manage risk and manage risk appetite