📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Flag Channel
📌 Symbol/Asset: Adani Ent
🔍 Description:
Now time to resume uptrend after good consolidation
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Adani Enterprises is showing a Flag Pattern formation on daily/ hourly charts. Such setups take time to materialise. But, when they do complete and the price breakout sustains, targets are really sweet!
Flag Pattern - targets are usually the width of the flag followed by the length of the pole. SL post breakout is the lower end of the flag. At the current stage,...
For the week 12 june to 18 june Adani Ent is looking to be in downward sloping channel with the higher range of 2451 to lower band of 2360. Trade between the the range.
Adani tested 2711 level and tested its resistance and falled sharp from the level i am in short trades with 2711 as sl will try to catch again this setup as tried previously and made handsome gains keep eye and connect with advisor
Hi,
Lets look upon things simply, and analyse the chart..
isn't is a bigger time frame move already started... looks likely and so I am putting up some view on this chart..
its a self explanatory chart and lets see if it achieves our targets or not ..
*for educational purpose only .. trade at your own risk !!
like this post and DM for any healthy discussion..
Clearly a double bottom and W pattern is forming in #ADANIENT in 5 min and 15 minutes time frames. If it breaches the marke levels it has a good chance for going up in quick time.
I will keep updating all of u regarding this...
Adani Total Gas is already trading in a limited range as per shown on Chart. Very soon it will break the upper resistance line and trade on a higher side. Target would be as follows:
1st Target - 994
2nd Target - 1040
Stop Loss - 910
Keep your watch on such levels
IV here continues to be very high - highest in the market (60 th percentile)
However the momentum on weekly and monthly basis is lower - not higher
Too much noise and news on Adani Group to make any sense - ignore it and play the charts only
Daily range is reducing over time (ignoring the expiry day move) - that means this stock is winding up for a large...
Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
The Adani Enterprise is most talked stock right now.
The Stock has shown good amount of correction.
The stock has taken support from critical level today.
Lets wait and watch for tomorrow, most probably Adani will move up.
If you have seen my above post on Adani Enterprises share done on 3rd March. Then you are at the right place, as I already said. that its shares will return to its 1300rs level in the next few days And today it has begun to find that lining. I think so. Because today's high which is around 2135, has seen a decline since then. Which stopped at the bottom line of...
ADANIENT , on downtrend movement. Breakout happened in a lower time frame i.e on 15 minutes.
SO the next Target expected for ADANIENT is 1050.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
