ADANIENT Short trade with multiple reasons

4 mag 2022

ADANIENT made a parabolic up move since March 2022 and formed two Bearish Harami patterns at the top and today price sustaining below the mother's low(2325,2301) of both the patterns. Also the channel has been breached. This makes it a high probability short setup around 2325-2301 zone with stop loss of 2425 for target of 2201, 2101. Look for retracements to enter short trade.

6 mag 2022

Nota

First target of 2201 achieved

10 mag 2022

Trade chiuso: obiettivo raggiunto

Second target of 2101 achieved