Fibbo from Major high to Major low and stock is taking support at 0.618
We may plan trade once a day candle closes above 3340 with good volume ( Trendline break ) and came to retest 3240/50 levels (for conservative traders),
for aggressive traders who can take bit large SL then can enter above the candle with breaks trendline and closes above 3340. SL should be...
Posted monthly divergence on jun29, also mentioned it may take years to resolve, n we need to seek divergence in small timeframe like daily, currently found a negetive divergence n marked on chart for target of 3186 to resolve this divergence, there it may take support of ema50, as currently ema 50 is around 3000 level in between can seek support of ema 20 around...
Adani Enterprises Ltd (ADEL) near consolidation mode in 1hr chart last trading session. If cross above 3350 then go for long. If breaks 3350 support then corrections will come down side up to 3200, 3150.
Upside if cross 3350 go for long next target 3474
Adani port just near a resistance zone and has formed a bearish candle on the weekly time frame.
The main thing to watch out for a nice breakout or break down is mainly the time a stock has consolidated in a range.
It has been in the consolidation zone from March 2021.
If the market gives a break out of higher time frame, then huge target can be achieved in the...
PDH - 2749
VAH - 2738
POC - 2729
VAL - 2717
PDL - 2690
One can trade on breakout of VAH/PDH or VAL/PDL or Trade reversals on VAH or VAL.
I am not sebi registered. This idea is just for educational and research proposes.
This idea is a follow-up to adanient
You can check the Link to Related Ideas.
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
Technical chart study indicates multiple signals which indicates adani enterprises going to fall, let's start with Rsi divergence as seen in price made higher high whereas rsi made lower high, also rsi is at most heated place on monthly chart, 2nd indication from channel as its moving along with the high resistance area as price going up volume constantly going...
Adani Enterprise looks bearish on Monthly TF due to significant drop in delivery% and currently trending in oversold region on RSI.
Price - Volume Divergence is key here.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
As Per This Harmonic Pattern Still Harmonic PRZ is far from current level so one can still hold this stock whoever holding from lower level and one can take new entry as well as per their trade setup. ones hatmonic PRZ active , one can short as well if find reversal.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic...
Trading in Uptrend range
On daily chart stock broke its major resistance level & moved almost 3.5% in one day.
Chance is there that price may correct by 1-2% before continuing further uptrend
Can be safe bet if corrected to levels of 1770-60 or can be buy above 1825-1830 small qty
For Swing targets of 1830-1870, can be hold positionally...