Thursday, December 6, 2012

Adani Enterprises Ltd.


Adani Enterprises Ltd.

Sector TRADING
Stock has broken resistance, as defined by bollinger bands , with good volume on 30/11/2012. This could mean a good up move is imminent. share witnessed a sharp jump in price coupled with rise in volume on 30/11/2012 . This may mean that a strong buying interest is in the stock and momentum traders may want to enter for quick gains.
Stock Screening of Volume can be found, jumped by more than 25% in last three Month. Validity of this pattern is atleast for duration : 02/11/2012 to 29/11/2012. keep add in to Portfolio.
Demand Area of 239-233 SL 220
In coming week headwind for it’s
SHORT TERM TGT 260-277 CLOSE Abv 277
LONG TERM TGT 375-410.

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