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ADANIENTMARKET OUTLOOKSTOCK OUTLOOK

Adani Enterprises Outlook for the Week (October 16, 2023 – October 20, 2023)

Adani Enterprises
Adani Enterprises
Adani Enterprises closed the previous week on a negative note losing 4.99%.

Technically, Adani Enterprises share price will see immediate support at 2,397.90 and immediate resistance would be seen at 2,524.60.

If Adani Enterprises share price closes below immediate support of 2,397.90, then sharp breakdown can be seen. Adani Enterprises share price will see major support at 2,341.25 for the week.

On the positive side, immediate resistance will be seen at 2,524.60. Closing above 2,524.60, Adani Enterprises share price will see a sharp breakout. Major resistance for Adani Enterprises share price will be seen at 2,594.65 for the week.

Trading range for Adani Enterprises share price for this week should be between 2,271.20 on down side and 2,651.30 on up side.

Adani Enterprises Previous Week High: 2538

Adani Enterprises Previous Week Low: 2411.3

Adani Enterprises Previous Week Range: 126.7 Points

Adani Enterprises share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 2,651.30
Resistance 2 2,594.65
Resistance 1 2,524.60
Support 1 2,397.90
Support 2 2,341.25
Support 3 2,271.20
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