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Aditya_Singh21

SHORT ON ADANI GREEN ENERGY(NSE)

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ADANI GREEN ENERGY (NSE:ADANIGREEN)  
Aditya_Singh21  
NSE:ADANIGREEN   ADANI GREEN ENERGY
Trend Analysis Chart Patterns Technical Indicators short 52weekhighs lowvolume profit goodtrade stoploss
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trendanalysis chartpattern indicator short 52weekhighs lowvolume profit goodtrade stoploss
This analysis is only for educational purposes, Invest at your own risk!

  • ADANI GREEN ENERGY is close to its 52 week high with a gap of 5.95%
  • The volume suggests that the rise in price is coming to an end and a downfall is near.
  • Hence getting into a short position at around 230-220 INR will prove to be profitable.
  • Traders should place their stop losses just 5-10 points above the resistance line or according to their risk taking capability.
  • The volume should be monitored at all times to see if the trade is going in our way.

Any kind of criticism is highly appreciated !
CHEERS!
Penafian

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