Wednesday, October 3, 2012

AdaniEnt : Breakout Stock

Monthly Value Areas : VAH-208.85, POC-198.80, VAL-168.50

AdaniEnt has moved above Monthly Value Area High with huge volume and closed above it. Now staying above 209, the first target comes to around 225 and then towards the HVN at 261.

The SL for this setup comes around 198 on closing basis.