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Adani Enterprises: Sideways
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Adani Enterprises’ daily trend is sideways. The RSI for monthly, weekly and daily is showing sideways momentum.
Based on data, its maximum open interest on the PUT side is at strike 2000; on the CALL side, it is at 2600. This is a wide range.
We are assuming it will spend most of the time between 2400 and 2630. We are recommending a short Iron Condor strategy for taking a short-term non-directional strategy.
Read more on economictimes.indiatimes.comAbout this in other media
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