target all time high and beyond
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my...
Short Term Trading Advice by Goodluck Capital
Buy INOX Green Energy Service (NSE:INOXGREEN)
Buy Range- 105 - 110
Target- 122 - 127
StopLoss- below 97
Potential Return- 14-18%
Approx trade duration 12 - 14 days
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...
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
here we had shared possible elliot wave counts of stock Adani Green Energy, which is clearly showing that this stock has completed full corrective wave cycle as ABC of bigger degree (2), after completing full impulse wave cycle as 12345 of bigger degree (1), while completing correcting wave, it had formed zigzag correction pattern as ABC of larger...
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.
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.
- Strong supply formed near 1800-2100
- Approaching weekly demand zone
- Monthly demand zone at 900-1050
- HTF structure is bullish
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
My Perception - NSE:ADANIGREEN
Currently Close is above Weekly and Monthly Pivots
Daily RSI > Weekly and MOnthly
Daily RSI is on Raise for the past couple of Days
Price closed above the trendline with a strong Upside candle - with the highest volume in recent times.
The first hurdle will be 2170 and then should touch 2388 before any reversal.
It's my personal view.
This is for educational purpose only.
This is not buying or selling recomendations.
I am not sebi registered.
Please consult your financial advisor before taking any trade.