Adanienterprises
Hard trade on AdaniENT- neckline is too broadIs the stock ready to give a solid breakdown again? With such a broad neckline and the inherent volatility of Adani Enterprises post-Hindenburg, traders need to be cautious. This pattern suggests a significant move could be coming, but whether it will break down further or consolidate depends largely on how the market digests both technical levels and any further fundamental developments around the company.
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.
ADENIENT //Adani Enterprices Intraday🤑We analysis Adanient Direction Useing Price action.
Adani shares rise up to 2% ahead of SC hearing on Hindenburg issue Adani shares rise up to 2% ahead of SC hearing on Hindenburg issue
Shares of Adani group stocks were trading with a positive bias on Tuesday as investors await the outcome of the hearing of the Adani-Hindenburg issue in the Supreme Court later in the day.
With Adani Enterprises rallying up to 2%, nine out of 10 Adani stocks were trading in the green. Shares of Adani Power, Ambuja Cements and Adani Ports were trading over 1% higher.
Shares of Adani group stocks were trading with a positive bias on Tuesday as investors await the outcome of the hearing of the Adani-Hindenburg issue in the Supreme Court later in the day.
Adani Enterprise - Symmetrical Triangle Breakout OpportunityDate : 21-Aug-2023
Rating : Buy
LTP : Rs. 2639.75
Target: Rs. 2760-->3110-->3880
SL : 2420
Exit Plan : Follow the 7/13/26 DEMA cross down on closing price basis.
NSE:ADANIENT has given a break out from a symmetrical pattern that has been formed during last few sessions. This break out has been supported by the increase volume, MACD cross over and RSI is showing strength. Expecting it to move up from here on.
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.
ports ... adani ports the counter which was hammered by heidenburg reports!!
i expect it to touch a 15% upmove area
multiple reasons beyond technicals
one is to maintain market cap of the group
being one of the nifty stocks in adani folio
other stock may show underperformance but such counter with real value are someone who should perform !
i like a quote that could be useful here !!
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it." Henry Ford.
Adani Total Gas is the verge of BOOM💥💥💥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
My view on Adani Enterprises stockIf 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 about 1855. Let's see. when does your levels come.
ADANIENT expected Target is 1050 : DOwnward movemetADANIENT , 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
ADANIENT BUying potential Risk:REWARD Ratio 4.8Hy dear Members . Hope you all are enjoying our ideas and analysis. Now we are here to discuss about
ADANIENT Buying potential Risk:REWARD Ratio is 4.8.
we can see the price took the support on the previous parallel channel.
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
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.