ADANIPOWER TradeADANIPOWER 620 to 640 Is good support zone and today we see rise in about 8%
and closed to about 6 % .it is following the trend line which gives us in past all time high .
so I'm investing new lots for Target of 820,850
Entry price 670 Target-800,820,850 Stop loss 630 And news coming from Market that adani
aquire the Tamilnadu based power plant also get participation in new bid, Bangladesh power plant
news and also overall news about adani power giving the vibes of creating all time high in this week ..
so invest as per ur risk .I am getting risk of 200 lots of share .
. BEST WISHES TO YOU ALSO 😊
Adani
Adani ENterpriseHindenburg Research on August 10 released a new report alleging market watchdog Sebi chairperson Madhabi Buch. The report alleged that Madhabi and her husband Dhaval Buch were involved in Adani Group's offshore funds. The report said that these obscure financial systems were allegedly used in the “money siphoning scandal."
The Stock is already finding pressure to cross 3300 mark.
I personally feel if the sentiment worsons then its an opportunity to buy...
Below 3127 on closing basis it will find more pressure for profit booking...
Support levels are marked for entry
Now 3360-70 will act as strong resistance short term (couple of months)
Happy Trading.
ULTRATECH CEMENT AT CRUCIAL LEVEL, 12TH AUGUST NSE:ULTRACEMCO
❇️Ultratech cement at good support level.. recently tested 3 times, now again at same price level.
👉🏻And according to hindenbrugs new and reports.. we can see opportunities
🔗As you can see on chart;
❇️Purple lines are key levels
👉🏻Above one gives you good opportunity to long.
👉🏻And below one give you good opportunity to short.
❇️Other levels are not targets they are a good supply and demand zone were market/stock can reverse or rest (pause). It help you as trailing your SLs /targets
@thetradeforecast
NDTV - An Adani Group stock - 2x Potential!Overview & Observation:
1. Price Structure is bullish.
2. Downside risk is minimal.
3. RR is favourable.
4. Recent quarter earning reports are +ve as well.
5. Multiple confirmations supporting the view & expected to see the price start moving higher from here on but momentum will take some time to built...
Trade Plan:
Entry = Above 273
Sl = 15% close to 230
TP = 500+
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Swing Opportunity in Adani EnterprisesRefer the chart for Entry,Target and SL.
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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AdaniPower -My View
• a good closing on hourly or 30min candle i may ride.
• i may look higher high price candles in small time frame with volume while making entry.
• higher the price sustain near 650 better the chances of a good upside
• any rejection i seen on chart from upside, than i will prefer to wait keeping eye until it crosses 645 -50
IS THERE SOMETHING THAT WE DO NOT KNOW?!Two most popular names under Modi regime are forming bearish patterns. Obviously we are over 25 days away from results. Maybe there is some smart money play here and this fall is to trigger retailers to sell and they make their long positions here. I have already shared about a possible double top on Nifty. Breakdown is far away. Why I feel this is more of smart money play because markets have fallen in decreasing order on all three poll dates so far. Will not be shocked if we see a pattern. They are active, it's visible as Nifty closed point to point there where it closed yesterday. 0.00 points move. Markets are forward looking but isn't it just too early as elections have just reached halfway mark. NSE:RELIANCE has broken down and even re-tested, bouncing off a support, will be exciting to see how it next week. NSE:ADANIENT has also broken down. It is really going to be very exciting to see where these stocks head from here and how will the Nifty perform.
Adani Power Target IntactAs always, expectations from Adani Power Q4 results were very high and even though results were good (except for higher tax amount), there is a sense of disappointment in the street. The story remains intact; may be some more consolidation. Any panic fall towards 570-560 due to rumours/news should be treated as an opportunity to buy. This is not a trade recommendation. Please do your own due diligence.
Investment Gem: (Adani Enterprise) Set to Soar 20-25%!ADANI ENTERPRISE:
Swing Targets: 3900/400
Long Term: 6000
Company Background and Work:
- Founded by Gautam Adani in 1988, Adani Enterprises Limited is a conglomerate within the Adani Group.
- Core sectors: Energy, infrastructure, logistics, agribusiness, real estate, financial services, and defense.
- Evolution into a leading player in India's business landscape.
- Core businesses: Trading, coal mining, renewable energy generation, agribusiness, and logistics.
- Trading: Started with agricultural commodities, diversified into coal, oil, gas, edible oils, and metals.
- Global presence with trading offices in key markets.
- Coal Mining: Among India's largest coal mining companies, meeting energy demands for various industries.
- Renewable Energy: Active investment in solar and wind power projects, contributing to clean energy transition.
- Agribusiness: Strong presence in sourcing, processing, and trading of agricultural commodities.
- Operations include grain silos, storage facilities, and processing plants.
- Logistics: Operates ports, terminals, and transportation services facilitating trade domestically and internationally.
- Adani Ports and Special Economic Zone Limited (APSEZ) is a major subsidiary.
- Other Businesses: Real estate development, financial services, and defense manufacturing.
- Diversified business interests strategically leveraged for growth and profitability.
- Contribution to India's economic development, infrastructure, and energy security.
- Commitment to innovation and sustainability in shaping India's future economy.
--------------------------Fundamental Analysis
- Shareholding: Promoters' holdings 72.61% as of December 2023.
- Financial Performance: The company has sustained profitability over the last 2-3 quarters, with earnings averaging between 136977 crores per quarter.
--------------------------Technical Analysis
- Ready to Break .618 Fib level.
- Bullish Flag pattern.
Above 50 Moving Average.
Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary.
Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
15 Mar ’24 — Nifty falls below the support again, goes bearish ⬇Nifty Analysis - Stance Bearish⬇️
Recap from yesterday: “If you look at the higher time frame, today’s price moves might be between 38.2 to 50% Fibonacci retracement levels and what might have formed could be a lower high.”
4mts chart
Nifty was not able to sustain the gains yesterday, within the opening 15 minutes itself it breached the support level of 22051 and stayed below that for the entire day. Since we broke the SR level, we had to change the stance from neutral to bearish today. Even though we went down, it was not accompanied by a huge momentum or an avalanche build-up. The reason is, the next support level of 21913 was not tested today.
The only reason we pushed through the resistance yesterday was because of NiftyIT. And today NiftyIT started with cuts of -0.9%. Do you agree with me now that the main villain is NiftyIT which is preventing Nifty50 for a smooth directional trend?
On the higher timeframe, looks like the lower high is formed perfectly. It has to be complemented with a new lower low. And when that happens the support of 21913 will have to give away and we might even have to retest the 21491 levels. After reading the “electoral bonds scam” and “small and mid cap stress tests” news, I strongly feel we might have uncertain times ahead, at least for a short while.
63mts chart
14 Mar ’24 — BankNifty's price action overshadowed by NiftyITBankNifty Analysis - Stance Neutral ➡️
Banks were performing as expected today, even though we had a neutral view we ended up losing 0.41% for the day. The stance for tomorrow also continues to be neutral as BN did not breach support or resistance today. The starting candle was perfect as per the script, from there we rose 666pts ~ 1.43% to reach the HOD of 47231 by 11.43. The staling was obvious as there were no special triggers to take up even near the resistance level of 47465.
4mts chart
The fall of 536pts ~ 1.14% from the day’s high also made perfect sense. Unfortunately, Nifty50 does not convey the real truth that happened with the banks as that index was overshadowed by stocks like Adani and NiftyIT components.
On the 63mts time frame, the lower high formation looks much better than N50. Our stance continues to be neutral and would go short if we enter the bearish channel and would go long if the 47465 resistance is breached.
63mts chart
–
Algo Trading
Our algo trades ended today with a gain of Rs21565. Even though we had a quick dip in profits by 10.37, the system recovered and closed in green.
Adani Wilmar Ltd - Breakout OpportunityDate : 27-Feb-2024
Rating : Buy
LTP : Rs. 387.85
Targets: (1) Rs. 419 --> (2) Rs. 492 --> (3) Rs. 532 --> (4) Rs. 639
SL : Rs. 350
Technical View:
Since SEP 2022 NSE:AWL has been in primary down trend. On 19-Feb-2024, NSE:AWL has given break out from its primary down trend with higher than average volume. RSI is above 50 and MACD is above 0. Indicating bullish sign for coming days.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Bank Nifty Expiry Trade Analysis!
As mentioned earlier post that might be today will be trend day or same tight sideways and it happend market didn't moved to new direction.
market players want to stop out as many players as possible before a breakout it started with morning flase break out then all went in a range
Bulls are facing strong resistance as they failed twice to break 45600 level and got weaker in later sessions
If open below 45200 then sellers will be strong
Resistance : 45600,45700
Support : 45200,44900
09 Jan ’24 — BankNifty made the BEARS🐻 proud today ! BankNifty Analysis - Stance Bearish ⬇️
BankNifty was more sensible today. Firstly the gap-up was not so huge to scare away the bears - so they hung around. Secondly, there was no breakaway momentum, by 11.07 things were getting pretty clear that the upmove ran out of steam.
4mts chart link
And when the selling came, it was ferocious. Bears also had to make sure the support level of 47539 had to be taken out with style. The RED candles near that price zone are ample proof of that. The fall was over 782pts ~ 1.63% which took BN into RED. Nifty on the other hand stayed in green thanks to NiftyIT, LT, and ADANI group.
63mts chart link
Since we have the BN expiry tomorrow, it may be a treat to watch how the strike price premiums could surge. India VIX was not favoring the bears today, if we have a strong price action in the forenoon the IV is bound to add to the momentum. Our stance of bearishness continues with the first target of 46931 followed by 46574.