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Adani

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-:
NSE:ADANIENT
by AMIT-RAJAN
5
Ambuja Cement: Is it a good Buy now? My perspective on the stock I'm no expert with respect to understanding financials in details so cannot comment on Debt of Ambuja cement and allegations made by certain group. Fundamentally , If we are to look at business potential, India is still a developing country and demand for Cement is going to be there and it will rise... Risk factor : Adani has huge expansion plans for which it has taken debt too. If demand rises then the additional supply that additional capacity will bring in will be taken care of. However if demand for cement increases at slower pace than anticipated based on which additional capacity has been planned then it could put the whole pressure on capacity utilization and thereby on Profit margins. Again let me reiterate, I'm no Fundamental Analyst but that is my understanding of the fundamentals of the business. ___________________________________________________________________________________________________________ That being said, as a Technical chartist, let's look at Ambuja cement based on charts. On October 28, 2022, I had mentioned that the Upside target for Ambuja Cement has almost been done and the next opportunity is on the short side. With the stock now 40% down, is it a good level to buy now? If we look at charts, - the stock has traded above 500 odd levels for 4 and a half months. And now has suddenly taken a big dip entrapping a lot of Bulls. - it has broken important Line of breakout / breakdown ( I have marked that in the chart) - any up move from here and lot of trapped traders might look to exit. - It does not give confidence to go long as Supply could be very high if the stock moves up. The next line of support is around 266-293 where Risk::Reward ratio would look better. So any dips towards that zone Looks for signs of stability - one can look to nip in slowly. Don't go all in... Spread your buy across days / weeks. - If 266 is being breached don't add further immediately. Wait for further cues. - Below 266 next important zone is around 233-240 odd levels and below that 190-202 odd levels. These are my decision making levels. I go by levels and let market tell me what to do next. Before Budget I had given my POA (Plan of Action) based on charts. and that was to short if market comes around 18000. Today when those levels came in, I executed my Plan on the short side (again it was updated during market hours). At that point of time it might have seemed foolish... as market was giving illusion of being Bullish... However charts and data were not supporting bullish view Results are in front of you of what happened next. If I talk about Nifty Index, chart is still looking weak and I'm yet to see improvement in derivatives data. So Don't be in a hurry. Posting this as I have got requests as to whether it is a good time to buy Ambuja cement (or for that matter Adani stocks). So giving my perspective on the stock and my Plan. Before taking any decision do review your Risk tolerance and Time tolerance. Trust you find the analysis helpful in planning your trade. If you too any stock queries you can let me know in the comment section below. I would try to answer them over the weekend. Take care of your health and mind. Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:AMBUJACEM
by indiamarketoutlook
Adani - A technical perspectiveHi all, hope you are trading well. It’s been a long time since I last posted. Apologies for that. 🙏 With all the buzz floating around Adani and let's see the charts from a technical perspective using supply demand, market structure, and basic S/R. Please note that I am not a fundamental analyst and hence not concerned with the underlying working structure of the company. We are going to see all the Adani companies along with the custom simple weighted chart of the Adani group. - Adani simple weighted index (excluding AWL for more data) - Adani simple weighted index (including AWL) - Adani Enterprises ( NSE:ADANIENT ) - Adani Ports ( NSE:ADANIPORTS ) - Adani Green ( NSE:ADANIGREEN ) - Adani Power ( NSE:ADANIPOWER ) - Adani Transmission ( NSE:ADANITRANS ) - Adani Gas ( NSE:ATGL ) - Adani Wilmar ( NSE:AWL ) Let's get started! 🚨 Adani simple weighted index (excluding AWL) - Plenty of demand zones on the downside - Internal structure has shifted - Structural low is still intact - HTF structure is bullish 🚨 Adani simple weighted index (including AWL) - Less data due to AWL - Structural low is intact - Approaching demand zone - HTF is bullish 🚨 Adani Enterprises - Former daily demand zone should now act as a supply - Weekly demand zone at ~2000-2400 - Reaction from the demand zone will show the intent of long-term buyers 🚨 Adani Ports - Distribution cycle complete - Range low will act as a supply - Tapped into the weekly demand zone - Need to wait for the structure to develop on the daily time frame - Flip zone at 400-430 🚨 Adani Green - Strong supply formed near 1800-2100 - Approaching weekly demand zone - Monthly demand zone at 900-1050 🚨 Adani Power - Sitting in the weekly demand zone but most likely it will breakdown - Previous swing level near 166 can also act as support - Next important demand zone at 110-140 🚨 Adani Transmission - Structural low intact - Tapped into the weekly demand zone - Important flip zone near 1460-1650 🚨 Adani Total Gas - Forming Wyckoff distribution schematic on daily - Most likely it will approach the weekly demand zone soon - Flip zone near 1460-1700 🚨 Adani Wilmar - Hovering near daily demand zone + swing level - Any lower move can trigger a sell-off to the weekly demand zone Thanks for reading. I hope you found this helpful! 😊 Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
NSE:ADANIENT1!
by johntradingwick
19
what to expect from adaniportswell no doubt after the heidenbergs report there was a huge fall in adani stocks , so does that mean you should sell your entire stake in adani stocks lets discuss 1) see it was an open secret that adani stocks were overvalued, a much needed retracement was required for building new position, this opportunity came in the form of heidenberg report 2) after this report almost all adani stocks are at 50% discount from its top, so what i want to say it may not fall further , obviously not it may. than what to do with your open position.(these are only my views) a)if you are early investor and bought adani stocks at reasonable price(price before the rally) and you have long term vision than stay invested and also dont see charts daily you will end up burning your blood seeing the portfolio going down b)if you bought them with swing point of view and not exited yet than exit as soon as possible, dont expect an vertical upmove, you will end up loosing more, and dont convert it in longterm. what else you can do 1)wait and watch- adani stocks are powerful stocks with mostly promoters holding(60-75%) so just because of one report with some allegations not proven facts the entire group will not going to collapse thus dont become the part unnecessary panic 2)make new positions- as per my opinion it is not the right time to make fresh buying position in adani stocks, let the market settle make some price action and if there is some sign of reversal than enter am i biased in adani stocks not in all but in adani ports i did observed something interesting, although all the adani stocks closed at lower circuit but that did not happened to adaniports. even it took support from an important level as marked on the chart on weekly time frame. so it is possible that it may not fall further. also, during the day close there was higher high formation at 5min time frame. thus i am very much interested in this stock. see, adani business is infra centric thus till the time india is focusing on its infrastructure adani's business is going to flourish. these are only my views. share your views in comment section, would love to read them. do boost this post so that it will reach more people
NSE:ADANIPORTS
by bannasaa
4
Why are the Indian Markets falling?In the past couple of days, Indian markets have shown a major correction. The Nifty Bank Index corrected more than 6% while the Nifty50 Index came down by more than 3%. The main reason for this correction is the research report published by Hindenburg Research (A US based investment research firm) which suggested that Adani stocks may crash upto 85% crash purely based on fundamentals and also highlighted some major irregularities in the business and accused them of pulling 'The Largest Con in Corporate History'. The research firm has opened short positions in Adani securities in the international markets. This may also disturb the upcoming Adani FPO. All the companies that fall under the Adani group have shown a major crash with huge today: 1.Adani Enterprises: -18.52% today i.e: -627.50 2.Adani Green : -20% (lower circuit hit) i.e: -371.55 3.Adani Ports : -16.29 i.e: -116.20 4.Adani Transmission: -20% (Lower circuit hit) i.e: -503.55 5.Adani Power : -5% i.e: -13.05 6.Adani total Gas L: -20% i.e: -732 7.Adani Wilmar L : -5% i.e: -27.20 Gautam Adani, the chairman of Adani group lost more than $20B of wealth in a single day according to Forbes. Thus, going to the 7th rank from the 3rd in the richest people in the world list. This report also highlighted the amount of debt on the Adani group, this created a fear of banks defaulting the loans and major banks like HDFC Bank fell almost 2% and SBIN who is also the biggest money lender of Adani group corrected by 5%. This in turn dragged the Nifty Bank Index down. For the next few days, it is best to avoid trading Banknifty as it is going to be very volatile in the coming days and technical analysis won't be reliable in this type of news driven market and day traders should prefer trading Nifty. However, option premiums will be very expensive due to the IV spike in the market. The closest buying zone for Banknifty is above 40820 only if it sustains above it for minimum 20 minutes. The aggresive buying zones are 41500 and above. Stocks in the IT sector and Reliance need to show strength to bring nifty up. Investors should be ready for a few more bearish days. The market may show signs of reversal after the Union Budget if there is some positive news in it which will be revealed on the 1st of February 2023. Disclaimer: Not investment or trading advice
NSE:BANKNIFTYShort
by Shivraj_Patil_