History Repeats itself, 1,2,3 pattern forming in Adani green
As per my sister history will repeat itself.
According to her this share is following the same pattern formed in December month 2019(1,2,3, Pattern), if within two or three days it falls, following Nifty or if it breaks its support @322 it will fall & takes downward momentum and we can short the share right after the confirmation given by the bearish red candle after 322.
If it takes the support @322 & again makes a short term upward trend it will reach near about 440 & makes a downturn from there & as per the history it will definitely fall & we can short at that time.
Its just our Analysis & we are not recommending it to any one to short the share or follow our Analysis.
According to her this share is following the same pattern formed in December month 2019(1,2,3, Pattern), if within two or three days it falls, following Nifty or if it breaks its support @322 it will fall & takes downward momentum and we can short the share right after the confirmation given by the bearish red candle after 322.
If it takes the support @322 & again makes a short term upward trend it will reach near about 440 & makes a downturn from there & as per the history it will definitely fall & we can short at that time.
Its just our Analysis & we are not recommending it to any one to short the share or follow our Analysis.