RS
Adani Enterprises BTST Short Setup
Adani Enterprises trading near ₹2,500 — below CPR & 20 EMA, signalling bearish momentum and potential short opportunity for BTST traders.
Technical Snapshot
| Parameter | Observation |
|---|---|
| Current Price | ₹2,500 |
| Trend | Bearish |
| CPR Position | Price trading below CPR – short bias confirmed |
| 20 EMA | Acting as resistance around ₹2,510–₹2,515 |
| MACD | Negative histogram – bearish momentum |
| RSI | 42 (room for more downside) |
BTST Short Plan
| Parameter | Levels / Strategy |
|---|---|
| Entry | Sell near ₹2,500–₹2,510 on weak close |
| Target 1 (T1) | ₹2,460 |
| Target 2 (T2) | ₹2,430 |
| Extended Target (T3) | ₹2,400 |
| Stoploss | ₹2,530 |
| Risk / Reward | ~1 : 1.8 |
| Holding Period | 1–2 Sessions |
Trail SL to ₹2,495 once T1 is reached. Avoid fresh shorts if closing above ₹2,525.
Trade Notes
- Short bias valid while trading below 20 EMA and CPR.
- Volume confirmation required below ₹2,480 for momentum extension.
- Gaps can affect overnight holding — trade small quantity.
- Re-enter only below ₹2,480 on fresh breakdown.
#AdaniEnterprises,
#AdaniShort,
#BTST,
#StockMarketIndia,
#BearishSetup,
#CPRStrategy,
#EMA20,
#TechnicalAnalysis,
#OptionsTrading,
#RajkamalStockOptions,
No comments:
Post a Comment