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*
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...
Since 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.
hola 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...
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 =)
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...
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...
Shares of Adani Wilmar have crashed and have broken the recent low as well. Be careful in this stock and do not enter until price stabilizes. All Adani Group Shares are under pressure due to the Hindenburg Research Report. Let us see what the developments are in the future regarding this fiasco. In the meantime keep it on your radar.
Adani Total Gas has also faced the brunt of the Hindenburg Research Report. Like other Adani Group Shares this share has also corrected. Wait for the price to settle. A support at 1970 looks good.
Adani Transmission looks weak like other Adani Group stocks. It has however started forming a doji and dojis can be a sign of reversal. We will have to see whether this stock can reverse or not. If it doesn't then it is best to stay out. If reversal comes in the next week then one can look to accumulate.
In my opinion Adani Power has broken down severely and 200 is the next key support level. If there is no recovery then things can look tough for this stock. Adani Group has been the talk of the town due to a report by Hindenburg Research. The stocks have been in news for all the negative reasons.
Adani Ports at weekly support levels of 660. However, it might go below as it is currently forming a doji below that level. We need to see what the follow up would be. Buy above 660 only for targets of 900. 660 is a multi year support.
Adani Group has been the talk of the town due to a report by Hindenburg Research. This share is in the news for the wrong reason so don't jump in. There is however, a very strong support at 1230 on weekly levels. Keep a watch and buy if the level holds.
Adani Group has been the talk of the town due to a report by Hindenburg Research. Adani Enterprises also had an FPO that was finally able to get through. This share is in the news for the wrong reason so don't jump in. Buy above 3160 only and do not buy below that level. Target of 3800 can be expected if resistance is taken out.
clear breakout clear retest almost perfect 41% down...
Hi 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...
There is this very famous saying in Stock Market - Market keep doing what it wants to, and news/events are just excuses given for small traders to satisfy their logics. You can see this in charts of various Adani group of Shares. check below charts - These shares were already in correction mode before this report. Now decide...
On the backdrop of Hindenburg report ADANI group shares have tumbled very much hereby placing the above chart where traders and investors can take some decisions. Pure technical study based on price action... Supports and Reversals marked in green. Like... Share & Follow.... Happy Trading..