Adani
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
Check these Upcoming ideas - STILL ACTIVE
Check these successful trades & approach on HINDZINC , ITC
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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
Disclaimer- I am not SEBI registered advisor. All views shared for educational purposes and should not be considered advice of any nature. Learn and Earn.
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!
Message me of you want faster updates.
Adani Ports; The path takenFor new entry, STAY AWAY. This update is for those who have a position on the stock. I am strongly against averaging but there is a high possibility that the price might go up to the next resistance of 767. There is a strong bullish engulfing candle that has formed on Friday. So if you want you can average your position with a small amount. But do that only once and don't repeat. Averaging has a potential to wipe out your entire account. Best option would be to day trade and make some money to recover your losses. Keep your stop losses tight at 2% from your entry. This is a rule of 2 that I follow myself. BE VERY CAREFUL as things for adani are not looking good as a company per se .
Personally I will not average if you ask m e. See my previous update in the link. Message me for faster updates.
NIFTY and Bank Nifty Options, TATAMOTORS and ADANIENT (June 18)NIFTY and Bank Nifty Options, TATAMOTORS and ADANIENT (June 18)
Post No: 2 ( Written on June 17)
NIFTY
Candlestick Analysis:
The last traded Candle is likely an Inverted Hammer which signifies a change in Momentum. Whereas the Price Action is found to be increases its momentum downwards.
Technical Analysis:
ADX is found to be dropped from a Height of 23 and now touches the 20 level. The Health of Trend is Poor. DI+ and DI- indicate a New Trend, where the DI- crossed slightly above DI+, could be a start of New BearTrend.
Fundamental Analysis:
Falling Stocks and Rising Inflation are the two most worrying news for NIFTY health. Poor Performance of Top Stocks is the important reason why NIFTY fell down. ADANI Shares, TATA Shares are at extreme pressure to respond back.
To know the Accurate Strike Price Levels check my blog: cre8tivemarkets.blogspot.com
Bank Nifty
Candlestick Analysis:
Bank Nifty has ended up with Doji today there is not enough Liquidity today and Volume is keep on Increasing after 12:00 PM today. Overall Candlestick tells us today the market is indecisive.
Technical Analysis:
ADX ratings are Extremely Poor which is not usable but DI+ and DI- made a Crossover each other which signify a Start of confirmed Bear Trend.
To know the Accurate Strike Price Levels check my blog: cre8tivemarkets.blogspot.com
Adani Enterprises and Tata Motors:
Candlestick Analysis:
ADANI ENT: On a Streak of Downtrend and Red candles.
TATAMOTORS: Potential Downtrend with Bearish Gap Down candles.
Technical Analysis:
ADANI ENT: ADX Ratings are great in a level of 40 and Directional Indexes Crossed Each Other and started to Diverge even more than expected.
TATAMOTORS: ADX Ratings are 33 which is on a trending market, but Directional Index is on a Bull Run for over a long period of time but now it likely to converge.
Fundamental Analysis:
ADANI shares are currently on tremendous pressure to respond back because the shares almost lost 25%.
TATAMOTORS is on a Pressure to continue the Bear trend because of Rising Inflation.
To know the Accurate Strike Price Levels check my blog: cre8tivemarkets.blogspot.com
India Can Only Escape from Inflation by releasing the Lockdown 50% than before.
Adani Power Short Is that an evening star in formation ?
Firstly there has been two gaupup movement represented by circles. As we know gaps almost are always filled.And the gaps here will get filled only if the price comes down.
Secondly there has been a huge dump of shares as is visible in Volume.
Thirdly the RSI has reached 87.5 and needs to come down.
What do you think. Will the price comedown. Will it form an evening star pattern ?
20% Lower circuit and now again on a good level - Power of ADANII JUST LOVE WATCHING CHARTS DANCE THAT'S ALL :)
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➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
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ADANIPORTADANIPORT gave breakout today with volume, wait for a retest around 785, Stop loss would be 770 Target - 850 positional..
Disclaimer : The above chart is for study purpose only. I am not sebi registered not recommending to buy/sell, kindly consult with your financial advisor before taking entry.