Stock to buy for medium term Adani Enterprises
This stock has recovered from a strong declining trend
In this decline it slid from Rs 450 to Rs 150
Steadily it build a base and started rising
Rs 240 was a big resistance which it overcame on 3rd December 2012
Yesterday it had a down session and lost 1.8 percent.
Nse Code :ADANIENT
Last Closing Price:Rs 254.40
Its a buy Below Rs 245 with Stop loss of Rs 237
At worst it is going to trade in range of Rs 240-260
Any breakout from this range can take it to Rs 280 and Then Rs 300
This stock has recovered from a strong declining trend
In this decline it slid from Rs 450 to Rs 150
Steadily it build a base and started rising
Rs 240 was a big resistance which it overcame on 3rd December 2012
Yesterday it had a down session and lost 1.8 percent.
Nse Code :ADANIENT
Last Closing Price:Rs 254.40
Its a buy Below Rs 245 with Stop loss of Rs 237
At worst it is going to trade in range of Rs 240-260
Any breakout from this range can take it to Rs 280 and Then Rs 300
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