Adani
Adani Ports - Good Money & Learning For Readers (Pls Read Fully)A friend of mine asked me to consult him on Adani Ports , so I did.
Uploading the same for the benefit of all my folks here at Trading View.
Adani Ports is in it's main 3rd of a large degree (Wave count marked in Red). It's in the last stages of completing this 3rd as depicted on the chart.
It should now go for it's last move up before it completes the 5th of 2 smaller degrees (Wave count marked in Orange) and also it's 5th of 1 smaller degree (Wave count marked in Blue), thus completing the main 3rd at around 725 (marked in dotted Green line on the chart). The main 4th of a large degree (Wave count marked in Red) should then begin its descent from these highs. Since the main 2nd was simple and shallow, the main 4th could be complex, irregular and deep as per the guidelines of alternation, hence having the potential to throw the prices right upto 575 (marked in dotted Red line on the chart). This is also the range of the 2nd of smaller degree (Wave count marked in Orange) as per one of the guidelines.
One interesting observation is the Expanding Wedge type Ending Diagonal that I have drawn on the chart for educational purposes, which is a common phenomenon in a 5th (Wave count marked in Orange)
Cheers !!
NOTE: This view shall be invalidated if the price goes below 613 with force.
ADANI GREEN Breakout opportunity 1200 remains a resistance zone for this stock. closing above 1200 we can see this stock reaching new heights. on the downside support levels seems to 1150 followed by 1125
Overall momentum and trend seem positive.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. Please do share your views, I am still learning.
ADANIGREEN (BSE) - BULLISH Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
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ADANIGREEN (BSE) - BULLISH
ADANIENT: Is the bull run over?Adani Enterprise was in uptrend since Apr-20 to Aug-20 and then Brokeout with huge volume (see in the chart weekly candlesticks) after some consolidation in the month of Sep-20 uptrend was again started with the normal volume.
Since 1st Feb-21, it broke out again with the double of average volume and surprisingly next week's volume was even higher. This (3rd week) is on going and volume is higher than the previous 2 weeks which is showing strength in the script.
The script touched 802 level twice which is acting as resistance level and formed a doji candle on daily chart. Hence, in my opinion, some correction is expected upto 724 (756 is immediate support level). "Bulls will take a rest before next run."
Disclaimer: This is for educational purpose, please invest as per your own analysis or based on your advisor's instructions.
ADANI GAS - Time to resurge?Self Explanatory Chart.
Divergence Spotted.
Keep a Stoploss based on your risk appetite.
Basically the threat is only when the price falls off the channel.
ADANI GREEN - Ready to Fly again?Fundamentals here take the backseat with a sky rocketing PE ratio.
Technically, the price is right at the 61.8% retracement base.
Bullish Hidden Divergence Spotted.
This tells me the stock will take the turn but let us wait and watch.
No Targets for such stocks - StopLoss based on risk appetite is Mandatory and #Ridethetrend
ADANI PORTS - BREAKOUT - POSITIONAL BUYADANI PORTS - BREAKOUT BUY - CLOSING BASIS
BUY ABOVE 365 SL 350
TARGET: 370, 374, 378, 384, 389
Posting for Educational purpose only
Closing Basis means stock need to trade above 365 between 3:20 ~ 3.30 PM
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ADANI ENTERPRISES - Double Bullish Its looking double bullish . A Rectangle Flag breakout possible plus Symetrical Triangle breakout. The price is trading above the 144 day Moving Average.
In the last 15 Minutes of the last session, MA50 crossed above MA144 indicating a significant jump in price on 11 Sep and the uptrend will resume on Monday.
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.