Short Adani Enterprises

1 באפר׳ 2017

Adani enterprises seem to have moved about 8% in last 15 days .Currently seems to be at the top of bollinger band and has a good chance of retracement till middle bollinger. Additionally volume and price seems to have formed a divergence indicating weakness in the rally.

Short at the opening with a SL at 111 and take profit at 104.