Aniketyourtechnicalanalyser

Adani green also known as the stock which gives "false signals".

Long
NSE:ADANIGREEN   ADANI GREEN ENERGY
hello traders,
this stock has given many false signals and it will continue to give false signals but don't be scared of it hold your trades.
because this stock is giving continuous uptrend and will not stop.Just gives false signals to scare investors and force to exit them.
and what are the false signals in this stock?
false signals are those who show trend change but the trend doesn't changes.instead it totally reverses.
this stock is a circuit stock which hits upper circuits everyday and just rises in pre-market.
but the false signals remove the stock from the circuit and drags it downwards for some time.
this scares traders and investors and force them to exit from it.after some days.the stock totally reverses and goes to the upside.
this stock doesn't even respects the technicals.the stock never made any pattern or harmonic as it's rising to the upside with circuits.
there is only 1 strategy that works in this stock.that's this which I gave.don't fear in this stock.it gives false signals.and traders and investors
who haven't bought this yet still have a chance when this stock gives false signals.have a long side on this and hold the stock.
Thanks,
Aniket.

Comments

Thanks for this analysis sir. Investment on green energy companies anyway is good for now .
+1 Reply
Adanigreen under asm what shoul i do
Reply
Thanks for posting good observation. But, is it required that to deal in a speculative / operator driven stock?
Reply
@Sunandamedi, if you want you can.
Reply
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