Price action analysis of Adani Group
Quarterly 20 EMA Supports.... Generally, stocks of good quality should take support at QEMA, all F&O stocks have tested QEMA 20 and bounced back (except Adani port) but this candle is not yet closed.
Have mentioned support for all the cash group stocks also.
Adani Green - QEMA - 820
Adani Transmission - QEMA - 1284
Adani Power - QEMA 141
NDTV - QEMA 143
Adani Enterprises - QEMA 1395
ACC - QEMA 1877
Ambuja - QEMA - 325
Adani port - QEMA 562
Adani Total Gas - QEMA not available - MEMA - 2322 - Major support 1373
Adani Wilmar - Quarterly and monthly ema not available - Weekly 20 ema - 591, major support 391
As per Price Action Theory, this indicator is used by most.. let's see how this theory play here..
These levels are for learning purpose.
Quarterly 20 EMA Supports.... Generally, stocks of good quality should take support at QEMA, all F&O stocks have tested QEMA 20 and bounced back (except Adani port) but this candle is not yet closed.
Have mentioned support for all the cash group stocks also.
Adani Green - QEMA - 820
Adani Transmission - QEMA - 1284
Adani Power - QEMA 141
NDTV - QEMA 143
Adani Enterprises - QEMA 1395
ACC - QEMA 1877
Ambuja - QEMA - 325
Adani port - QEMA 562
Adani Total Gas - QEMA not available - MEMA - 2322 - Major support 1373
Adani Wilmar - Quarterly and monthly ema not available - Weekly 20 ema - 591, major support 391
As per Price Action Theory, this indicator is used by most.. let's see how this theory play here..
These levels are for learning purpose.