ADANI POWER - POSITIONAL - 2022ADANI POWER pick as positional due to bullish technical indicators, stock recently get trend line breakout after consolidation around 95 to 100 level and give good upmove ..last 3-4 trading session nifty sharply corrected 700-800 points ..effect of which stock get corrected bit .. now around same level golden crossover as well as trend line breakout seen.
this is fair level of stock to buy where technical indicators are extremely bullish, Risk to reward ration is around 1:2 from current level 10-20 % profit can seen from cmp 109.95 Short term stock can see 125-135 and mid term 140-150 level if quarter result improves .
fundamentally co have to improve profit margin to go for long in this stock ..at present its pure technical call to get 10-20% POSITIONAL trade short term.
Techncial indicators.
1. Trendline breakout
2. Golden cross 20,50,200 sma
3 Double bottom formation at consolidation
4. RSI VALUE 61 ( 60-80) bullish when stoock uptrend
5. Higher top higher bottom formation
6. MACD above center and signal line
** PLEASE DO OWN ANLYSIS THIS IDEA CAN HELP FOR EDUCATION PURPOSE.. take call at own risk .!
HAPPY TRADING. !
Adani
Adani Port Analysis. #AdaniPort #Adani📈 Adani Port 📉
Adani Port, Since June 2021 forming a textbook pattern of Triangle as you can see in chart beautifully following lower highs and higher lows, And Day by day range was getting narrower.
Today what I found is that it has closed below lower support of triangle on closing basis. Yes Not a good sign keeping in mind that markets are in jittery mode right now.
My Take : Wait for one more close below todays close if it does then perfect candidate for shorting until it does not break upper Trendline zone. Targets for shoring would be around 600 levels with upper trend line zone as Stoploss.
Disclaimer : Only For Education Purpose. Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
ADANI PORTS with multiple targetsScript has been in a consolidation phase by taking good support at the bottom paving its way for an entry with minimal SL. Also has been taken support from 200DMA . Multiple targets could be the safest bet . There is a hope that Pro budget push may give adequate volumes to push the momentum.
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ADANI POWER -INTRADAY SETUP - 28/01/2022ADANI POWER as intraday pick as on 28/01/2022 due to BULLISH technical signals on 15 min, hourly, daily chart. stock had strong breakout after consolidation around 100 level and seen bullish indicators at current cmp .. stock trading exactly at 200 SMA support on daily chart, on 15 min chart
stock trading above 20,50 SMA . bullish w Pattern seen on chart trend showing at upword direction from now. !
BUY ADANI POWER @ 105.65
Target 107-108-110 - intraday
stop loss 103
** THIS IDEA IS FOR EDUCATIONAL PURPOSE..DO OWN ANALYSIS...TAKE CALL AT OWN RISK. !
HAPPY TRADING. !
Simple Trade Setup | ADANI PORTS | 18-01-2022 [INTRADAY]NSE:ADANIPORTS
Observations:
1) On 1 day time, we can see it is at interesting range. Breakdown of this range will give down move and if it gets support from this range then we can see up move.
Please refer below chart : 1day Time Frame.
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Trade Setup for 18-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ADANI PORTS | 05-01-2022 [ INTRADAY]NSE:ADANIPORTS
Observations:
1) On 1 day time frame, we can see that it open above 200DMA and took support from it and sustain above it.
200DMA is placed at 736.60 level.
Please refer below chart : 1 day Time Frame.
2) On 1hr time frame, we can see the parallel support channel, breakdown of it will make it ready for down move.
Please refer below chart : 1hr Time Frame.
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Trade Setup for 05-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
ADANIENT Intraday IdeaThis is just a small timeframe analysis so can be affected by market's direction, trade accordingly.
adanient is sitting on a conversion zone that means either it will take demand and move up and hit the targets which is having higher possibility,
or if the trade moves against us we'll have to give just a small stoploss.
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Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Adani Total Gas At SupportAdani Total Gas is at Support levels. I feel these levels should be held, if we see strength in this counter at these levels, sky would be the limit. This stock is in a very very strong bull run of its own. Hence, one should not ignore this setup. Accumulate at current levels and follow the stop loss, which is also the support line (line drawn).
Adani Ports IdeaPoor adani ports trying to break the resistance of 738 with the major support at 638
Stock under huge volume consolidation. it faked out thrice and gonna try in upcoming sessions too.
Investors who bought at ATH are supposed to wait for a very long time to see Green in their portfolio (on this stock).
Don't Hurry to buy it once breakout happens let it sustain for a while and be cautious with your respective SL.
highly Volatile.
In 1hr Timeframe
Hardcore Support level at 681
Big Resistance at 784
Simple Trade Setup | ADANI PORTS | 15-11-2021 [ INTRADAY]NSE:ADANIPORTS
Observations:
1) On Daily time frame, it gave breakout of 21DMA. If it sustain above it then we can see upmove.
Major breakout level to watch now is 760 level. Sustainable breakout of 760 level will give good up move.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
#ATGL ADANI TOTAL GAS #ADANIENT #ADANITRANS #ADANIPOWER #ADANI #ATGL
ADANI TOTAL GAS Ltd.
NSE:ATGL
NSE:ATGL
Risky but could be a great trade
RR Ratio > 2.5
CMP: 1501
Target 1940 almost 30%
SL: 1326
Time < 6Months
Others:
NSE:ADANIPORTS
NSE:ADANIPOWER
NSE:ADANITRANS
NSE:ADANIENT
NSE:ADANIGREEN
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia