ADANI TOTAL GAS...We are Near to our Pivot Date 09-March-2023 as price already reversed Let See How it Will behave in future.....
****EDUCATIONAL****
Adani
#Adanient analysis Effect of hindenburg report is clearly seen on all adani stocks and adani ent is near to very crucial support for make or break.
Analysis on Last given Calls. ADANIENT expected Target is 1050ADANIENT, on downtrend movement. Breakout happened in a lower time frame i.e on 15 minutes.
SO the next Target expected for ADANIENT is 1050.
BPCL Breakout happened in a lower time frame i.e on 15 minutes.
SO the next Target expected for BPCL is 297/285.
Adani 800? or 200?Hey Everyone
New adani update
Bearish pennant breakout ✅
Fibonacci retracement ✅
Macd curving✅
Rsi Oversold✅
Volume Down✅
TLDR bears are grabbing Adani buyers from the throat..
So Adani is exhausted😥Hey Folks
New Adani update
After the freefall of adani it is look like it is recovering right??
Nope its just sellers are exhausted for a time being and bears are slowly waiting to trap the new buyers
As we can see rsi is oversold in every time frame and macd is curving to upside.
So how are we going to trade in this market for adani?
just wait and get ready with your short setup and always remember indicators are like yours friends but Your analysis is like your family.
Find resistance range Short with low margin And book profit by the end of day.
Good luck
*Note- Your Money Your Risk ,I am not your financial advisor*
#ADANI WILMAR short term viewAs all knows about adani group stocks tanked down due to hindenburg report, so, i though to share next course of action on those, follow the levels for entry, support and target. Fundamentally good stock.
#ATGLAs all knows about adani group stocks tanked down due to hindenburg report, so, i though to share next course of action on those, follow the levels for entry, support and target.
#AMBUJA CEMENT As all knows about adani group stocks tanked down due to hindenburg report, so, i though to share next course of action on those, follow the levels for entry, support and target. Fundamental strong stock.
ADANIPOWER trading near breakout zoneThough three is chaos in ADANIPOWER, it is trading near breakout zone. Most probably this will reverse from here.
ADANI ENTERPRISES NEXT WEEK 400 RANGE, PROCEED WITH CAUTIONThe stock has been uplifting only for the sole purpose for the whales to sell again, 2250-2100 SHORT SELL.
Adani green stock at weekly demand zoneLooking at a dead cat bounce on adani green energy, Looking for a 20-25% upside.
Buy ACCACC is holding at previous peaks of 1850. It is not closing below 1830 margin even with all the news about Adani and with a good result expect the stock to rise.
If it closes above 1830, buy ACC
ADANI ENTThis is a long-term view, valid until March 31st. It can extend its strong "beaish" sign. According to the fundamentals and Hindenburg's criticisms, this stock will fall dramatically.
History always repeats itself in the stock market, so make sure you take advantage of this opportunity.
Remember Harshad Mehta's scam? What happened when it increased ACC from 200 INR to 9000 INR?
target 185, just believe everything is possible in stock market when it can go from 40 to 4500 in 3 years it can fall 4500 level to 40 level.
are you a part of MAJOR TRAPafter this 60% recovery from the bottom many retailers got excited about Adani enterprises and had made position in Friday market, if you are also among them than read this article carefully.
let me give an case study of Vedanta last year in the month of May Vedanta fall by 25% within 8-10 trading session it than started consolidating, for some days in ascending triangle pattern many people thought since this is an demand zone the stocks will not fall further and will start an upward- journey, but it was not a consolidation it was an TRAP for retailers. those who made position saw an another 25% fall,
notice that now it is more than 8-10 months the stock has not recovered it previous high.( for more clarification see chart)
{ NOTE;i have used Vedanta example just for reference}
now something similar is happening with adani enterprises , the stock has fallen 60% so drastically and made 60%recovery after 34% more fall (making a total fall of 74%).
if you notice the volume on friday market the volume was more than previous days even after that the stock was not able to cross the resistance area on weekly time frame and closed taking resistance at 5 min time frame, making bearish sentiment.
see if you are still bullish in adani than let me put some more data in front of you, 4- more stocks of the group( green, power, transmission ,total gas ) were closed at lower circuit making a another bear sentiment, if the group has to be bullish than remaining stocks should also been closed in green
so what i want to say should that you should sell you position , OfCourse not , i just want to say before entering any stock make risk assessment and dont become a part of trap seeing few green candles.
these are just my views , make your own analysis , share your views in comment and do boost this post.
Adani Stocks, Valuations, Volatility and ConsolidationAdani Stock are in limelight after Hindenburg research. Stocks have fallen heavily after the news and FPO had been withdrawn.
Lets try to understand by combining Valuation fundamentals, Technical analysis and volatility. Also try to decode what usually happens after such wild moves.
1. Adani Stocks were on continuous rise after Covid drop
2. Valuations of some of Adani group stock reached sky high. PE multiples of some of the stocks are still above 100.
3. When stock makes top with extreme valuations there is chance of sharp correction.
4. There is no definite method to identify stock top yet from confluence of price action, volume and indicators one can identify them like Candlestick reversal pattern, Divergence on weekly or daily charts on MACD or RSI and abnormal selling volume are few to look out for.
5. Stock sharp correction is linked to volatility or Fear which can give wild moves on both up and down side
6. Volatility then gets contracted and stocks goes in long consolidation
7. It may make smaller new low but still for good amount of time it won't recover and hit fresh highs
Similar example is IRCTC check image below to understand in which phase Adani stocks are
Disclaimer: This is just educational analysis, readers shouldn't conclude this as ultimate truth and need to conduct their own studies. Stock markets are dynamic in nature as human emotions are involved. Anything and everything possible.
Disclosure: Don't own IRCTC or any Adani stocks nor have any bad will against them.
Adani Stairways to hell😣 hey Folks
Its 3 february 2023
And adani close 1500 last evening
Now acc to me its going to touch my 840 target today
So beware if you have any holding
Adios
*Note-Not a financial advice*
Adani Enterprises Ltd : Ready to Swing ?If I ignore the fundamental analysis and focus on the technical aspects of the chart,
What I have found is:
There is huge support and resistance in 3300 and 3500, respectively.
Price is above the 200-day moving average
So if you want to go long for swing trading, you can buy near 3300 or between 3250 and 3300.with a small stop loss
Your target should be around 3400, or whatever your conviction is.
ADANI TRANSMISSION - Elliott Wave ViewSince this is a complete waterfall, it is yet hard to say if the stock is correcting or if it's going to remain bearish only. Seeing the fundamentals and the energy around the stock, it is unlikely that it will pickup any time soon.
As per technicals, this is a complete bullish cycle completed. This is based on the Elliott wave theory.
ADANI should donate blood instead making bloodbath in the markethola amigos,
Another update on adani enterprise
As we can see some order box for this big mover and i know its going to break this support line and gonna fall more but right now rsi is oversold and macd need to curve upward little bit
So, are we in the sideways ?? umm maybe not
First 1500?
second 840??
Third 296??
Reply your Thoughts and if you want me to technical analysis any coin or stock comment i will do it for you
Adani Nosedives What can we expect now?ADANI fell from 4000 to 1500 in less than four weeks in a sensational week.
Here in this chart , I compare it with another instrument which printed a same pattern last year and try to predict how it might move.
Comparison purely based on technical levels.
Follow @piyushrawtani if you found the idea useful.
Cheers =)
ADANI ENTERPRISES DIVINATIONS Hello mates here I sharing the daily chart of Adani Enterprises with some support and resistance ideas I tried to identified some key demand and supply zones on daily chart of it and getting some Ideas sharing below
IDEA 1-: We can se a instant bounce back or temporary retracement form here where it is standing because it looks very well placed on you can say a kind of identical support area but need sharp eye and quick decision maybe you can caught this move by on the different time frame chart for early entry.
IDEA 2-: Fresh long we can think on above close of 2425 zones for the target of 3000.
IDEA 3-: This is for those who want to add on each dip and do not want to do trading in it and strongly believe that it is having good fundamentals and will give strong comeback for them.
This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk.
IDEA 1 AND IDEA 2-:
SAME I AM GETTING FROM MONTHLY CHART-:
