ashishhc

Adani Enterprises Trend Analysis

Long
ashishhc Updated   
NSE:ADANIENT   ADANI ENTERPRISES
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.
Trade active:
active & target1 done.
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Retracing on the levels.
Trade active:
Target2 done
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Target3 done. UC
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should sustain above 2900 now. otherwise one healthy retracement pending.....
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2847 is a crucial level for today. if it breaks. It can trigger selloff pressure.
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It’s still defending the 2850 levels. May be preparing for another bull run.
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2850 broken. Now next support is 2756.
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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.
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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.
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Reclaiming 3000 today. Next rally will be above. it.
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sustaining above 2900. It may consolidate a bit then will be ready for next pullback move.
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Bullish above 2850
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Slowly moving channel by channel upwards. It has to cross 3000 mark for further rally.

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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.

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Above 2940 it will be ready for the next boom move
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Still respecting the levels after yesterday's fall.
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Closing above 3000 is important today.
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Good closing 3004. Will be in full focus now.
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Adanient is ready now for further move.
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If you see. Channel by channel it's continuously moving towards the targets.

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sustaining above 3000. News based but good move.
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Above 3000 it can give one quick move of 200-300 points
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it can give solid reversal from this levels.
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bullish above 3240
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Still bullish as consolidating above 3200
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holding 3250 levels. Ready to blast.
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Already made a high of 3312. Lets see on monday but 3rd time tried the breakout move.
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closing above 3300 always bullish sign.
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Target4 smoothly done. Target5 is not too far.

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Still closed in the bullish zone. if it sustains below 3300 tomorrow also then selling pressure can come.
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closed above 3300. Still considered to be super bullish.
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3200-3250 is solid accumulation zone. Dnt miss it.
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Ready for the next upmove.

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Live

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tomorrow it will ready for the next move till 3200 3300 3400 3500
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Bang on the target today.

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SL hit

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Still active.

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Done

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

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boom today crossed 3300 levels.
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Consolidation above 3350. Next week might give one more move till 3500.
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Getting ready for the fearless move.
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Any dip in this stock will be buying opportunity. Any gov will come this stock will rise. Because they have robust growth infrastructure.
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Told you guys already. But nagative people wont understand it.
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tomorrow will be deciding day for these group. thod bohat idhar udhar ho bhi gaya to buy the dip only.
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3000 3100 3200 tested multiple times now. it will be again ready for big move.
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ready for next firey move.
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showing very challenging price action now a days. I think this is calm before the storm. Keep accumulating. Will update here when super active.
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3350 next target. Good closing in reversed poll & flag pattern.

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

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If it breakdown. 3000 is the level and if breakout 3500-3500 is the target
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3000-3100 good accumulation done. it's ready to bounce back anytime next week.
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little recovery sign today. tomorrow it should give followthrough buying then only it will be valid.
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Fully active today. Big relief from supreme court again. Fly fly fly.
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