Adanienterprises
Adani Enterprises: Few warning signsA widening wedge in an uptrend is a problem in itself. Add to that the ingredient of RSI which is forming lower highs. Price action is forming higher highs. This divergence is a warning sign for a down fall.
Don't get me wrong, the trend is bullish but you need to be cautious with these signs.
Fresh entry to be considere in 1200-1300 range. Target 1700. Stoploss 1000
ADANI IS BACK IN STYLE-->MARKET ANALYSIS : Bullish
-->SECTOR ANALYSIS : Broken from stage structure
-->STOCK: Broken from stage structure and cup and handle pattern with a good closing above 1600
Looking bullish for short term targets of 1800 levels and thereafter 2000+
RS uptrending and RSI 60+ adds icing on the cake
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Adani Enterprise Going Down !I know the big man is in US and I know Papa Aayenge toh kuch lekar aayenge, but guess what everyone knows it. so, will I be Bullish as a trend observer, hmmm no.
Inverted cup n handle / Head and shoulder whatever name you call it; this share is going to have a relaxation time. Price regression wise it’s in the last leg so can give one up move but post that its going down. Also, Wonderful buying opportunity at 1100 - 1200 levels. I have a feeling this share will reach 3300 very soon.
But right now, I am bearish. Thanks to @taruneshpasuparthy for the nudge to look further into this!
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
ADANIENT hourly chart analysis and setup {bullish}Hello Traders👋
Today i have made a post on ADANIENT
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
ADANIENT Bullish Trend AlertADANIENT
1. ovee all bullish sentiment intimation price move
2. life time retreacement level 23.8% good positive
3. up trend chennel price movementum going up
4 . flug pattern inside inverted head and shoulder and minor rising wedge pattern price movement
5.last today just healthy retracement price move not down trend stay again bullish
6. mentioned target expect coming day