Adani
ADANI PORTS.... Building an empire on its own....We can appreciate a triangle pattern in the script. Follow the support and resistance trendlines for positional trade.
Fundamentally, the only Adani stock with a PE ratio of less than 30. Good to hold in one's portfolio.
Technically, the stock is good to buy around 660 to 675 levels. I'm bullish with Adani stocks..
Make your analysis and enter the trade. Risk averse traders can wait for the breakout and then take the trade....
ADANIENT Bullish Trend AlertADANIENT
1. ovee all bullish sentiment intimation price move
2. life time retreacement level 23.8% good positive
3. up trend chennel price movementum going up
4 . flug pattern inside inverted head and shoulder and minor rising wedge pattern price movement
5.last today just healthy retracement price move not down trend stay again bullish
6. mentioned target expect coming day
ADANI ENTERPRISES | TRADE SETUP 26-07-2021NSE:ADANIENT
On , 22-07-2021, It has broken the trendline with good volume and on 23-07-2021 tested that trendline and made a reversal.
But it closed near to the critical rage of 1400.
Good Long/Buy trade will be only above 1440. And good & safe long/buy trade will be only above 1450 level. Target for long/buy trade are mentioned in the chart.
Any dip above 1360 will be an buying opportunity.
Once it breaks the level of 1330 then it will be good short/sell trade opportunity.
Hope my ideas are helping you to understand the trade setup, price action and levels.
Do comments if you have any doubt/suggestion.
ADANI PORT SPL - Bouncing Back 🤞 🤞Tested crucial level.
Symmetric triangle
BREAKOUT signal in all indicator , may enter wide monthly pivot level , near 200 MA resistance
Will take a good move from here.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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ADANI LONG 24TH JUNELet's keep it short and simple we can see flag and pole pattern in this stock can see a bull run in the coming month itself till 1700 level also since Adani is one of the FAV stock of FII and DII so we are not expecting and bearish move as if now in fact the volume has been increased as compared to last time few important levels to look out there is a support zone @1488-1479 that will be acting as SL in this trade the target of @1700 this move will be executed in 7 days period or less than that ill be updating all the information required about this stock in coming days
TRADE
1) can go with equity with the Sl of 30 points to be on the safer side and a target of 200 points
2) can buy a NAKED CALL OPTION but it should be in the money ( ITM ) cause even if the stock remains in the same range you won't face any decay in your strike price
3)can buy BULL CALL SPREAD this is the safest way to capture the move since your maximum loss is limited in this strategy
DO FOLLOW YOU RISK TO REWARD RATIO
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A critical MondayFollowing up with my previous update, Monday would be very crucial It will definitely fall back to 108 but if there is no pull back, the bearish trend will continue and the price might get caught in the violet zone. Stay put and don't make any foolish moves. Those who have bought at the top please hold and let the price show some trend before we can take any decision. Do not average now until a pattern can be seen. New buyers stay away. Adani is not that green LOL!
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