Adani Transmission bearish divergence

ADANIENSOL Stochastic Divergence (lower highs) showing further fall from current level of 194. Keeping a stoploss of 200, new short position with a target of 187(T1), 177(T2) & 167(T3) is suggested!

Operación activa:

Sell at 191.5

Operación activa:

Reached 185.4

Comentarios:

T1(187) achieved....Don't think T2(177) will be achieved today.

Operación activa:

Reached 182.5

Operación activa:

Yesterday T2(177) was realized, but the stock didn't stay longer there.

Comentarios:

Today it should fall below T2(177) attempting towards T3(167)

Operación activa:

T2(177) is breached.....one can take partial profit at 176

Operación cerrada: objetivo alcanzado:

Closing at 164.45.....All targets achieved. 3 Cheers!