Adani Wilmar to catch up soon (Study Purpose)

2024年2月20日

It is on the verge of breakout, SL is the BO Candle Rs348. Long overdue run up pending alongside other Adani group companies.
Q3 results are descent.
May move quickly towards Rs411, Rs510 and upon sustaining then upto Fib ext 1.618 levels.
Rsi above falling trendline, soon cmp will catch up with the move.
Adx showing strength.
Price at 200sma.


Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by professionals. Be careful before investing and consult your advisor before making such decisions. I am not responsible for any mishaps or losses or gains. Not a registered sebi member.
Not invested yet.

2024年2月23日

交易進行

Now at Rs377, breakout confirmation.

2024年2月24日

註釋

price now at Rs390, Volumes on the rise.
ADX showing good strength in the trend.
Buy on dips shall be maintained.

2024年2月26日

註釋

CMP now Rs407, Trailing Profit SL now revised to Rs378 on closing basis.

2024年2月29日

註釋

at crucial retest zone, if closes below Rs378, then exit is suggested, again can re-enter at lower levels.

2024年7月1日

手動結束交易

2024年8月5日

交易進行

Recent update by company's management makes it a buy at present levels and in all dips. Can do 500+ this time.