Adani Enterprises – Rectangle Breakout ⚡

🔹 Technical Pattern Stock was consolidating in a range of ₹2,200 – ₹2,700 for almost 10 months. Now price is retesting the upper boundary ₹2,670. A sustained close above ₹2,670 will confirm a rectangle breakout. 🔹 Target Projection Rectangle height = ~₹500 (2700 – 2200). Breakout Target = ₹2,700 + ₹500 = ₹3,200 (initial). Extended target can reach ₹3,400 – ₹3,500. 🔹 Support Levels Immediate support: ₹2,470 (200-day EMA + rectangle mid-zone). Strong support: ₹2,300. 🔹 Sector Tailwinds Adani Group infra & diversified growth push. Government infra + renewable + airports/ports expansion. FII interest visible on volume spikes.