Adani Gas Retraced long swing Hello everyone,
Adani total gas jump from bottom 575 to 860 now trading at 745 retrace 38% with volume drop indicates sellers dont have strength RSI also adjusted from overbought to now near 40 ema 50 support is there good long set up for trend fibbo extension 0.61% i.e 920++
Adani
NHPCAfter a fall of 34% from the High of 118.40, it took support at 77.50 for the 4th time forming a W pattern. we can see a slight volume pump. In last 3 trading session its consolidating in a range of 80.80 to 83.40, closing above 83.40 can get quick move till 85.00 where it can face resistance.
Daily closing above 85.00 will activate W pattern and we can target for 91.50 and 95 level with SL of 83.40
Adani Ports: A Quality Company with a Strong Growth Outlook
Adani Ports , one of the Adani Group's flagship companies, has consistently proven its strength. Despite market volatility, it remains a fundamentally solid enterprise.
Key Insights:
Following the Hindenburg report in January 2023, Adani Group stocks, including Adani Ports, faced a massive crash. However, Adani Ports rebounded impressively, finding support at a previous key level and delivering over 300% returns from that point.
Recently, the stock has experienced another sharp correction due to bribery allegations. It has fallen back to a significant support zone, presenting what could be a lucrative buying opportunity for risk-tolerant investors.
Current Setup:
Stock Price: Around ₹1200 at present.
Plan: Accumulating shares down to ₹980 with a potential target price of ₹2400, offering the possibility of doubling the investment.
Risks: The stock is highly volatile, and only those comfortable with elevated risk levels should consider this opportunity. Conservative or safe traders may want to avoid this stock for now.
Why Adani Ports?
Strong Fundamentals: Adani Ports is a well-managed company with robust operations.
Attractive Valuation: The current correction brings the stock to an appealing price level for long-term investors.
Growth Potential: The company has demonstrated its ability to recover and generate substantial returns, even under challenging circumstances.
Financial Update:
For those analyzing the stock's fundamentals, here are the Q2 financial results for Adani Ports:
Consolidated Net Profit: ₹24.5 billion vs. ₹17.4 billion (YoY growth).
Final Thoughts:
Investors should make decisions based on their own risk tolerance and investment strategy. While the stock holds significant upside potential, its volatility should not be underestimated. Always do your research before investing.
Stay informed and invest wisely!
Can a Corporate Titan Withstand the Tremors of Allegations?In the high-stakes arena of global business, few narratives captivate the imagination quite like the meteoric rise and sudden turbulence of an economic powerhouse. The Adani Group once celebrated as a paragon of Indian entrepreneurial success, now finds itself navigating treacherous waters of legal scrutiny and market skepticism. What began as a remarkable journey of a diamond trader turned infrastructure magnate has transformed into a complex tale of ambition, power, and potential corporate misconduct that challenges our understanding of success in the modern economic landscape.
The allegations against Gautam Adani—ranging from securities fraud to a purported massive bribery scheme—represent more than just a corporate challenge; they symbolize a pivotal moment of reckoning for corporate governance in emerging markets. With U.S. prosecutors indicting Adani and a damaging report by Hindenburg Research accusing the group of "the largest con in corporate history," the conglomerate has witnessed a staggering $68 billion evaporation of market value. This precipitous fall from grace serves as a stark reminder that even the most seemingly invincible corporate empires can be vulnerable to the harsh light of forensic scrutiny and legal investigation.
The unfolding saga transcends the individual narrative of Gautam Adani, touching upon broader themes of economic development, political connections, and the delicate balance between entrepreneurial ambition and ethical conduct. As the Adani Group confronts these unprecedented challenges, the world watches with bated breath, understanding that the outcome will not merely determine the fate of one business empire, but potentially reshape perceptions of India's economic credibility on the global stage. The resilience, transparency, and response of the Adani Group in the face of these allegations will serve as a critical case study in corporate accountability and the complex interplay between business, politics, and regulatory oversight.
Ultimately, this narrative invites us to reflect on the fundamental principles of corporate integrity and the thin line between visionary entrepreneurship and potential systemic manipulation. As investors, policymakers, and global observers, we are compelled to ask: Can reputation, built over decades, withstand the seismic tremors of serious allegations? The Adani Group's journey offers a compelling, real-time exploration of this profound question, challenging our assumptions about success, power, and the intricate mechanisms that govern global business ecosystems.
ADANI WILAMR by KRS Charts5th Nov 2024 / 9:22 AM
Why AWL ❓❓
1. Decent Fundamental and Corrected Stock Technically.
2. Even its Correcting since long time, it made HL in monthly Timeframe. Which is good sign.✅
3. Clearly 5 Wave Correction Structure is finished, One Bounce is expected till 4th Wave height from current price.
4. Upside Movement can be Sluggish it's a swing Entry so. 📈
With a Good R/R more than 1:3 Target will be 509 Rs.
with SL of 285 Rs Daily Closing Basis.
Adani Power for 70% gainsDate: 01 Nov’24
Symbol: ADANIPOWER
Timeframe: Daily
The Big Question is - if Wave IV in Adani Power is now over? A higher high after a close above 675 will make it official. Is 570 a strong enough support? Looks like it. As seen in the chart, a circle has been marked as an accumulation zone. Wave V is likely to head to 1050 levels (70% from current price of 600); more clarity on target will emerge as it moves above 750.
Sept quarter results at operational levels were descent but because of lower other income and higher tax; Sept quarter of last FY looks stronger.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Bada savaal yah hai ki kya Adani Power mein Wave IV ab khatm ho gaya hai? 675 se upar band hone ke baad ek uchchatar oonchaee ise aadhikaarik bana degi. Kya 570 paryaapt majaboot support level hai? Aisa lagta hai. Jaisa ki chart mein dekha gaya hai, ek sarkal ko accumulation zone ke roop mein chihnit kiya gaya hai. Wave V ke 1050 ke star (600 kee maujooda keemat se 70%) tak pahunchane kee sambhaavana hai, jaise hi yah 750 se upar jaega, target par adhik spashtata saamane aaegee.
Operational star par September quarter ke nateeje achhe the. Lekin other income kam hone aur adhik tax ke kaaran; pichhale financial year ka September timaahee majaboot dikh raha hai.
Yah koi trade lene ki salah nahi hai. Kripya apana vishleshan svayan karein.
ADANI WILMAR ON SUPPORT When WILMAR falls from high and start accumulating in the bottom zone , when price go up volume also goes up but price goes down volume doesn’t. It’s shows that there is opportunity to invest in this support area . Charts price shows rectangular channel bottom price . Now if we pick up from here then we have low risk.
Adani Power getting ready for another half century (50%)?Adani Power has been in Wave iv since 3rd June’24 which could have likely gotten over with its final dip on 12th August’24. If that’s the case, where is it heading to after it breaks out from the current range? One way to look at it could be a target to the top of the channel (as seen in the chart) i.e. 1300+.
The other way is of course 5 small waves of Wave V which could culminate around 1050 (>50% from current levels of 675). Once, it moves over 800, it will leave more visuals of a target. However, a 50% plus rise from here is imminent? in 6 months?
And yes high volume also has left good hints of strong accumulation including promoter buying.
This is not a trade recommendation. Please do your own due diligence. Remember nothing in the markets is a given. Keep a close watch.
PTC India for 65% upmoveDate: 15 Sept 2024
Timeframe: Daily Chart
PTC India is currently in Wave III of 5 which is heading to 380-400 (65% from current price of 240) in medium term as seen in the chart. Wave III is likely to end around 300 levels. High volume also supports this headroom for an up move.
This is not a trade recommendation. Please do your own due diligence and analysis.
Monthly Chart Looking GoodKey Highlights : 🔰
🔷 Script Name : Adani Wilmar
🔷 Script Symbol : NSE:AWL
🔶 Stock In Demand Zone 🔥
🔶 Stock Support Level Near ₹ 300/- 🔥
🔶 Narrow Monthly Bollinger Bands 🔥
🔶 Volume Supported Price Move 💚
🔷 Stop Loss : Below ₹300/- Weekly Close 👀
🔷 Target : 🤔😊
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!!
Shyorawat Arun Singh ❤️
(@Shyorawat_ArunSingh)
Founder : Shyorawat Investing School
ADANIPOWER TradeADANIPOWER 620 to 640 Is good support zone and today we see rise in about 8%
and closed to about 6 % .it is following the trend line which gives us in past all time high .
so I'm investing new lots for Target of 820,850
Entry price 670 Target-800,820,850 Stop loss 630 And news coming from Market that adani
aquire the Tamilnadu based power plant also get participation in new bid, Bangladesh power plant
news and also overall news about adani power giving the vibes of creating all time high in this week ..
so invest as per ur risk .I am getting risk of 200 lots of share .
. BEST WISHES TO YOU ALSO 😊
Adani ENterpriseHindenburg Research on August 10 released a new report alleging market watchdog Sebi chairperson Madhabi Buch. The report alleged that Madhabi and her husband Dhaval Buch were involved in Adani Group's offshore funds. The report said that these obscure financial systems were allegedly used in the “money siphoning scandal."
The Stock is already finding pressure to cross 3300 mark.
I personally feel if the sentiment worsons then its an opportunity to buy...
Below 3127 on closing basis it will find more pressure for profit booking...
Support levels are marked for entry
Now 3360-70 will act as strong resistance short term (couple of months)
Happy Trading.
ULTRATECH CEMENT AT CRUCIAL LEVEL, 12TH AUGUST NSE:ULTRACEMCO
❇️Ultratech cement at good support level.. recently tested 3 times, now again at same price level.
👉🏻And according to hindenbrugs new and reports.. we can see opportunities
🔗As you can see on chart;
❇️Purple lines are key levels
👉🏻Above one gives you good opportunity to long.
👉🏻And below one give you good opportunity to short.
❇️Other levels are not targets they are a good supply and demand zone were market/stock can reverse or rest (pause). It help you as trailing your SLs /targets
@thetradeforecast
NDTV - An Adani Group stock - 2x Potential!Overview & Observation:
1. Price Structure is bullish.
2. Downside risk is minimal.
3. RR is favourable.
4. Recent quarter earning reports are +ve as well.
5. Multiple confirmations supporting the view & expected to see the price start moving higher from here on but momentum will take some time to built...
Trade Plan:
Entry = Above 273
Sl = 15% close to 230
TP = 500+
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Swing Opportunity in Adani EnterprisesRefer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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