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.

7 comments:

  1. Can you throw some light on how you calculate monthly value areas

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    Replies
    1. @Bullish Cartel,

      Its a small AFL of some 300 lines :) :)

      Delete
  2. AdaniEnt making a high of 219.75, Enjoy...

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  3. AdaniEnt making a high of 223.50, a few points away from my first target...

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  4. Good call SANJAYJI, Sir which software is being used in this pics for volume profile , pls could you guide.

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  5. AdaniEnt all target were met...

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