Adani
adani ports for the days ahead my personal views on adani ports and the direction in which it will go!!!!
Adani Enterprises Cup and Handle pattern , any move above 132 can see a good jump till 160-165 form a medium term perspective. EMA in place SL 120
AshokLeyland Watch for Price ActionAshokLeyland Watch for Price Action , Near to Double Top it will come back or wait for breakout
ADANIENT short setupAdani Enterprises has broken the trend line and now showing class B bearish divergence.
Short below 133
Target1: 121
Target2: 110
SL: 140
Symmetric Triangle on Adani EnterpriseSymmetric Triangle pattern on Adani Enterprise and it may break either side.
Trade Long:
Buy above - 142
Target - 160
Stop loss - 133
Trade Short:
Short below - 124
Target - 105
Stop loss - 133
ADANI ENT: Big Bang Theory: The Narrow Range Break outIt was observed on the hourly chart that ADANI ENT was trading between a very narrow range (131-133) that means it's time for a breakout.
Starting tomorrow (or the day after), we may see some upside because the bears could not manage to bring the price down after the long green candle on 6 Jun.
Target: 240 (2-3 days)
SL @ 128
Adani Ports - Indicating Weakness It is been observed on the daily chart that the price action is forming lower highs and lower lows indicating further weakness ahead.
Target 1: 330
Target 2: 320
Stoploss: 350
Adani Power - Trending Up It is been observed on the hourly chart that the price action is trending up by forming higher highs and higher lows. Now, it shall further move up from current levels if the trend sustains.
Target 1: 34.50
Target 2: 35.50
Stoploss: 32.50
Adani Power - Channel Breakout It is been observed on a weekly chart that there is a red candlestick breaking out from it. It indicates weakness and a high selling pressure. It shall confirmed a breakout as it closes below 26 price level and now it may further go down to 23.50 levels initially and then 20 levels.
Target 1: 23.40
Target 2: 20.50
Stoploss: 28
ADANI - Trendline BreakoutIt is been observed that the price action breaks out from the downward trendline on daily chart and now it shall further move up to reach higher price levels.
Target: 72.5
Stoploss: 69
Adani Power - ConsolidatingThe price action on weekly chart indicates a consolidation between 26-36 price levels (10 points range) where currently the stock is trading at the lower side of range. This week closing shall decide further direction in price movement. Keep it in your watch list to gain best out of it on time.
I would also appreciate any feedback on it to bring clarity to our discussion and further trading decisions.
