Adani Enterprises Trend Analysis

Nov 27, 2023

Observation based on past 4 examples. Clear upside visible if it breaks this trend. Target4-5 is achievable in a month period if it takes positive direction. But keep booking it ones they hit my targets. Or trail it with previous levels (start with SL1) And ones it cross & sustains 3500 levels. There wont be any limits.

If market itself takes negative direction. I have also given downside targets. So be prepared for the both. But past fall was based on the news, so don’t consider that brutal fall now.

Note: This view is for educational purpose only. I am not a SEBI registered analyst. Please consult your financial adviser for any further lookout.

Nov 28, 2023

Trade active

active & target1 done.

Nov 29, 2023

Note

Retracing on the levels.

Dec 4, 2023

Trade active

Target2 done

Dec 5, 2023

Note

Target3 done. UC

Dec 5, 2023

Note

should sustain above 2900 now. otherwise one healthy retracement pending.....

Dec 7, 2023

Note

2847 is a crucial level for today. if it breaks. It can trigger selloff pressure.

Dec 8, 2023

Note

It’s still defending the 2850 levels. May be preparing for another bull run.

Dec 8, 2023

Note

2850 broken. Now next support is 2756.

Dec 8, 2023

Note

Nice & healthy 0.38 Fibo retracement & taken support there. If next rally is there this is the major level. If it breaks 2756(down) on monday then it could go till 2648 2537. But hope it wont happens.

Dec 13, 2023

Note

Sustaining at level of 2887. Formed nice bullish triangle flag pattern in 1hr time frame. It looks like it's ready for the next move.

Dec 15, 2023

Note

Reclaiming 3000 today. Next rally will be above. it.

Dec 19, 2023

Note

sustaining above 2900. It may consolidate a bit then will be ready for next pullback move.

Dec 21, 2023

Note

Bullish above 2850

Dec 26, 2023

Note

Slowly moving channel by channel upwards. It has to cross 3000 mark for further rally.

Dec 29, 2023

Note

Still in the same channel. One interesting thing noticed. It's forming falling wedge pattern which is bullish. Above that line it will take next move.

Jan 1

Note

Above 2940 it will be ready for the next boom move

Jan 1

Note

Jan 2

Note

Still respecting the levels after yesterday's fall.

Jan 3

Note

Closing above 3000 is important today.

Jan 3

Note

Good closing 3004. Will be in full focus now.

Jan 7

Note

Adanient is ready now for further move.

Jan 9

Note

If you see. Channel by channel it's continuously moving towards the targets.

Jan 10

Note

sustaining above 3000. News based but good move.

Jan 21

Note

Above 3000 it can give one quick move of 200-300 points

Jan 24

Note

it can give solid reversal from this levels.

Feb 16

Note

bullish above 3240

Feb 21

Note

Still bullish as consolidating above 3200

Feb 22

Note

holding 3250 levels. Ready to blast.

Feb 23

Note

Already made a high of 3312. Lets see on monday but 3rd time tried the breakout move.

Feb 26

Note

closing above 3300 always bullish sign.

Feb 26

Note

Target4 smoothly done. Target5 is not too far.

Feb 27

Note

Still closed in the bullish zone. if it sustains below 3300 tomorrow also then selling pressure can come.

Mar 5

Note

closed above 3300. Still considered to be super bullish.

Mar 6

Note

3200-3250 is solid accumulation zone. Dnt miss it.

Apr 25

Note

May 12

Note

Ready for the next upmove.

May 14

Note

May 14

Note

Live

May 14

Note

tomorrow it will ready for the next move till 3200 3300 3400 3500

May 15

Note

Bang on the target today.

May 16

Note

May 16

Note

SL hit

May 17

Note

May 19

Note

Still active.

May 21

Note

Done

May 23

Note

will be again active today. focus. Ignore the coal news. it wont impact much.

May 23

Note

May 23

Note

Done for the day.

May 24

Note

boom today crossed 3300 levels.

May 24

Note

Consolidation above 3350. Next week might give one more move till 3500.

May 28

Note

Getting ready for the fearless move.

May 29

Note

May 29

Note

Any dip in this stock will be buying opportunity. Any gov will come this stock will rise. Because they have robust growth infrastructure.

Jun 2

Note

Told you guys already. But nagative people wont understand it.

Jun 3

Note

tomorrow will be deciding day for these group. thod bohat idhar udhar ho bhi gaya to buy the dip only.

Jun 12

Note

3000 3100 3200 tested multiple times now. it will be again ready for big move.

Jun 14

Note

ready for next firey move.

Jun 25

Note

showing very challenging price action now a days. I think this is calm before the storm. Keep accumulating. Will update here when super active.

Jul 3

Note

3350 next target. Good closing in reversed poll & flag pattern.

Jul 6

Note

Still consolidating in reverse flag & poll pattern. The breakout will be big on either side.

Jul 6

Note

If it breakdown. 3000 is the level and if breakout 3500-3500 is the target

Jul 13

Note

3000-3100 good accumulation done. it's ready to bounce back anytime next week.

Jul 15

Note

little recovery sign today. tomorrow it should give followthrough buying then only it will be valid.

Jul 16

Note

Fully active today. Big relief from supreme court again. Fly fly fly.

Jul 27

Note

Proper bullish poll & flag pattern formation.

Jul 29

Note

3500 short term target is certain now. Showing good consolidation.

Jul 30

Note

Adanient clear trend line breakout with above avg volume. The move will start now.

Aug 1

Note

Good closing above 3160. All depend upon how it reacts to the upcoming results today.

Aug 3

Note

Still intact on the view. Good price action building. Ones nifty supports this will be the first stock to rise.

Aug 5

Note

Its down but not out guys. Conviction strong rakho.

Aug 6

Note

Above 3150 it can blast upside.

Aug 6

Note

Despite the heavy selloff in the market it has closed above 3060 which is good.

Aug 7

Note

Good move captured in the morning itself.

Aug 7

Note

Told you guys. good breakout and great move. Abhi suruat hai aisa samjo.

Aug 8

Note

If break 3260. There will be clear up trend starts.

Aug 11

Note

Untill now price action is positive only. But now due to these allegation things again. will update after first 1hr price action tomorrow. Although SEBi & Adani both has answered it in very systematic manner. Dont think so it will propel further untill they post something new now.

Aug 12

Note

Above 3160 it will be break or make level.

Aug 13

Note

Selloff candle today. But look at the day volume. Tomorrow will be deciding day.

Aug 14

Note

Multiple times support testing. Make or break level now.

Aug 27

Note

Make or break level re-testing again.

Aug 29

Trade active

3000 today. absolute buying zone. This will rock in new series.

Sep 2

Note

Looks like new series move is about to start.

Sep 15

Note

Bullish flag & poll pattern. it can give good target if sustains above 3k next week. 3250 is first target. If it breaks below 2930 then bearish again. Make or break level.

Sep 16

Note

Adanient If this breakout sustains above 3k mark. Keep an eye on the move.

Sep 21

Note

Adanient 3 month consolidation breakout.

Sep 24

Note

Adanient good volume(still not enough) and breakout. on the course.

Sep 27

Trade active

Adanient about to knock out the next resistance.

Oct 5

Note

Adanient again re-testing the flag breakout zone.

Oct 8

Note

As i said. this was it's last chance to reclaim. It has recovered well.

Oct 10

Note

Adani ent breakout sustained with highest day volume in last one month.

17 hours ago

Note

Forming base around 2800 2900 3000

4 hours ago

Note

please ignore all the view on this stock. US allegation can drag it to 30 40% even.