Sunday, April 11, 2010

Follow Up call of Adani Enterprises Ltd



 

I gave Buy Call in Adani Enterprises on last week at around 480 with stop loss of 475 now as we can

See from above Chart that Adani now come to Resistance level & as technically now here we can expect

See big movement & advise you all to not put strict stop loss at 481 (closing Basis).

Although after our buy call initiate we could see the high of 499 which is about 3 to 4% of our buy price

Then also it's not above to give close above that level so now we have chance to hit trailing stop loss.

Disclaimer: - As I also have position in this script in my portfolio I suppose not to get exit as long as my

Trailing stop loss is not going to hit.

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