ADANIGREEN
CNXEnergy Nifty EnergyCNXEnergy will be an absolute avoid from a long perspective.
One can see that the RSI is losing a lot of strength and the index is unable to make higher highs.
We have witnessed this kind of pattern during 2018,2019 and we all know what happened in 2020.
It can dupe by a small movement but one need to observe if the index is unable to make a higher high then it will become problematic for the index.
The index contains
Reliance Industries Ltd. 33.82
Adani Transmission Ltd. 12.35
NTPC Ltd. 10.88
Power Grid Corporation of India Ltd. 10.31
Adani Green Energy Ltd. 10.13
Oil & Natural Gas Corporation Ltd. 6.91
Tata Power Co. Ltd. 5.06
Bharat Petroleum Corporation Ltd. 3.83
Indian Oil Corporation Ltd. 3.44
GAIL (India) Ltd. 3.25
I would absolutely avoid the above stocks as I am not seeing any great gains from long point of view.
Disclaimer - Please DYOR, Don't take any market positions based on my analysis.
Adanigreen bearishExpecting adanigreen 1200 around in up coming months as per EV
5th has finished and right now making ABC
How to trade it .. should sell on rise .. cmp 2260 SL should be 2572+ the point B
First target 1650 expecting in OCT
second target 1475 expecting in Nov-Dec
and third is 1200 same in Nov-Dec
This is on daily time frame
As per hourly chart the B point has done.. so where to take entry.
2437 last swing was high.. if it arrived there 2430-40 zone and face rejection then entered with strict sl with 5-10 points.
for target 2000 to 1820
This is just i idea and view.
Please dont trade on my view. I dont recommand it.
ADANIGREEN | Good for Long | Will it give 40% Return ??NSE:ADANIGREEN
Reason for Trade : Created a Green Big Candle with Huge Volume.
Cmp : 2207
Entry : CMP or Near 2151
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action
Adani stands For Big fall in WT Frame.Friends, 🤗This stock is mainly suggested for intraday players For 13-06-2022- 17-06-2022. We Can add this in our watchlist for excellent target in Intraday.As we can🧐 see that Adani green is continuously falling from many week's.It is likely to be continue this fall 📈Further more days.We are totally bearish on this We will short below when price show rejection on1690 & substain below with the accurate 🎯 of 1600,1500 in one day. Friends this is not joke. This is key 🔑 sign that indicates adani green can fall as like this in only one day. We will track this continue in upcoming week. When adani will stands in our favour that we will go in that favour. Good 👍Luck.
Adani Green - Possible CorrectionAdani Green looks bearish on Daily, weekly & Monthly TF due to oversold region on RSI.
Accumulation is completed and a possible distribution (Double Top) and reversal is expected
The Target & SL has been updated on the chart.
This is solely my view and for educational purpose only.
let me know your thoughts in the comments section
Valuations of ADANIGREEN justify ?ADANIGREEN currently trading at a Price to Earnings ratio(P/E ratio) of more than 1100, and EV/EBITDA of around 170.
The stock has risen nearly 120 times from its all-time low. Meanwhile, the company revenues have grown 5 times and operating profit has grown by 10 times.
Though, the company operates in Renewable Energy, Do the current valuations justify ?
What's your take on this, Let me know in the comments.
Why Adani Stocks are rising?Many of you dont know but you can create an index for yourself. That means charts to be looked for a particular group of companies, or your portfolio, etc.
This helps us to catch momentum not only in 1 stock but for all stocks of a particular group, or industry. Or a mix of these 2 characteristics.
YR 2022 Idea #19: Long on ADANIGREENThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Adani Green Long Daily TimeFrame Breakout Above 2050Adani green is following the long term range from 2020 as can be seen in the chart.
It has consolidated for almost 2 months now, the MA shows an uptrend, also the financials for the recent quarter shows an increase in revenue and netprofit although the Operation margin are down 7%, YoY the revenue is up and net profit are up with an operating margin which is slowing by 3%
Break above 2050 , may result in a upleg till 5000, with a SL at the low of consolidation region i.e 1835.
Risk to Reward- 1:7
(The charts are in Log Scale)
CNXENERGY BREAKOUT-energy stock bullishThe energy sector of our market seems to have given a breakout, it has been in a consolidation for a while now and has shown a healthy correction of 50% according to fib retracement.
The pattern it formed was an ideal flag and pole pattern which is a pattern that gives a good momentum when its broken and gives a rally of equal to it's last rally.
The RSI stands at 58 and is indicating bullishness.
MACD is above the signal line.
I believe it's a good opportunity to go long on energy stocks
Below I have posted some charts of the energy sector stocks, do have a look at them, these charts are not provided to take trades on them but just to get a better understanding of cnxenergy.
Tatapower:
Jswenergy:
Powergrid:
Adanigreen: