Can a Corporate Titan Withstand the Tremors of Allegations?In the high-stakes arena of global business, few narratives captivate the imagination quite like the meteoric rise and sudden turbulence of an economic powerhouse. The Adani Group once celebrated as a paragon of Indian entrepreneurial success, now finds itself navigating treacherous waters of legal scrutiny and market skepticism. What began as a remarkable journey of a diamond trader turned infrastructure magnate has transformed into a complex tale of ambition, power, and potential corporate misconduct that challenges our understanding of success in the modern economic landscape.
The allegations against Gautam Adani—ranging from securities fraud to a purported massive bribery scheme—represent more than just a corporate challenge; they symbolize a pivotal moment of reckoning for corporate governance in emerging markets. With U.S. prosecutors indicting Adani and a damaging report by Hindenburg Research accusing the group of "the largest con in corporate history," the conglomerate has witnessed a staggering $68 billion evaporation of market value. This precipitous fall from grace serves as a stark reminder that even the most seemingly invincible corporate empires can be vulnerable to the harsh light of forensic scrutiny and legal investigation.
The unfolding saga transcends the individual narrative of Gautam Adani, touching upon broader themes of economic development, political connections, and the delicate balance between entrepreneurial ambition and ethical conduct. As the Adani Group confronts these unprecedented challenges, the world watches with bated breath, understanding that the outcome will not merely determine the fate of one business empire, but potentially reshape perceptions of India's economic credibility on the global stage. The resilience, transparency, and response of the Adani Group in the face of these allegations will serve as a critical case study in corporate accountability and the complex interplay between business, politics, and regulatory oversight.
Ultimately, this narrative invites us to reflect on the fundamental principles of corporate integrity and the thin line between visionary entrepreneurship and potential systemic manipulation. As investors, policymakers, and global observers, we are compelled to ask: Can reputation, built over decades, withstand the seismic tremors of serious allegations? The Adani Group's journey offers a compelling, real-time exploration of this profound question, challenging our assumptions about success, power, and the intricate mechanisms that govern global business ecosystems.
Adanigroup
Adani Power for 70% gainsDate: 01 Nov’24
Symbol: ADANIPOWER
Timeframe: Daily
The Big Question is - if Wave IV in Adani Power is now over? A higher high after a close above 675 will make it official. Is 570 a strong enough support? Looks like it. As seen in the chart, a circle has been marked as an accumulation zone. Wave V is likely to head to 1050 levels (70% from current price of 600); more clarity on target will emerge as it moves above 750.
Sept quarter results at operational levels were descent but because of lower other income and higher tax; Sept quarter of last FY looks stronger.
This is not a trade recommendation. Please do your own analysis.
HINGLISH VERSION
Bada savaal yah hai ki kya Adani Power mein Wave IV ab khatm ho gaya hai? 675 se upar band hone ke baad ek uchchatar oonchaee ise aadhikaarik bana degi. Kya 570 paryaapt majaboot support level hai? Aisa lagta hai. Jaisa ki chart mein dekha gaya hai, ek sarkal ko accumulation zone ke roop mein chihnit kiya gaya hai. Wave V ke 1050 ke star (600 kee maujooda keemat se 70%) tak pahunchane kee sambhaavana hai, jaise hi yah 750 se upar jaega, target par adhik spashtata saamane aaegee.
Operational star par September quarter ke nateeje achhe the. Lekin other income kam hone aur adhik tax ke kaaran; pichhale financial year ka September timaahee majaboot dikh raha hai.
Yah koi trade lene ki salah nahi hai. Kripya apana vishleshan svayan karein.
Adani Power getting ready for another half century (50%)?Adani Power has been in Wave iv since 3rd June’24 which could have likely gotten over with its final dip on 12th August’24. If that’s the case, where is it heading to after it breaks out from the current range? One way to look at it could be a target to the top of the channel (as seen in the chart) i.e. 1300+.
The other way is of course 5 small waves of Wave V which could culminate around 1050 (>50% from current levels of 675). Once, it moves over 800, it will leave more visuals of a target. However, a 50% plus rise from here is imminent? in 6 months?
And yes high volume also has left good hints of strong accumulation including promoter buying.
This is not a trade recommendation. Please do your own due diligence. Remember nothing in the markets is a given. Keep a close watch.
ADANIPOWER-Bullish Momentum Continues with Strong Support.1. Trend Analysis:
Adani Power has been in a continuous uptrend since April 2023, forming higher highs and lower lows. This is indicative of a bullish trend, suggesting that buyers have been in control.
2. Moving Averages:
The 30-day Simple Moving Average (SMA) and 50-day SMA are acting as significant supports, confirming the bullish sentiment. These moving averages are often used to identify the trend direction, and the fact that the stock is consistently above them is a positive sign.
3. Significant Development on 24 November:
On 24 November, a noteworthy event occurred, leading to a substantial 42% price movement within just 12 days. Such rapid movements can indicate strong momentum and interest from market participants.
4. Consolidation Phase:
After the rapid move, the stock underwent a consolidation phase for nearly 1.5 months. During this period, volumes remained low, suggesting a decrease in trading activity and potential accumulation by institutional investors.
5. Volume Analysis:
On 24 January, there was a significant increase in volumes. This could indicate renewed interest in the stock and potential for a breakout. The combination of low volumes during consolidation and increased volumes during the breakout suggests a potential strong move.
6. Candlestick Patterns:
Candlestick analysis shows that on 24 January, there is a contraction in candle size, indicating a period of indecision or consolidation. This often precedes a significant price move. A breakout above the resistance level of 554 could signal a bullish continuation.
7. Resistance and Support Levels:
The resistance level at 554 is crucial. A successful break above this level may trigger a strong upside move. On the downside, the support at 511 is deemed strong. If the price closes below this level, it could lead to further consolidation or a potential downtrend.
8. Current Outlook:
As of now, the technical analysis suggests a bullish outlook for Adani Power. The stock has shown strength during the uptrend, and recent developments, including increased volumes and a potential breakout, support the bullish case.
Conclusion:
Traders and investors should monitor the key levels of 554 (resistance) and 511 (support) closely. A breakout above 554 could provide a bullish trading opportunity, while a breakdown below 511 might indicate a shift in sentiment.
Disclaimer:
The information provided herein is for educational purposes only and is not intended as financial advice. Any trading or investment decisions made based on the content provided are at your own risk. It is essential to conduct your own research and due diligence before making any financial decisions.
Q&A_ Is Adani group in a bubble?Namaste!
Adani group is in a bubble, if I consider the following points.
1. Rs 400 to Rs 4000 in a matter of 2 years. This isn't a behaviour of a large-cap stock.
2. The Adani group companies have borrowed hugely. Just look at the debt to equity ratio of Adani companies:-
Adani Enterprises: 1.31
Adani Ports: 1.04
Adani Transmissions: 3.16
Adani Total Gas: 0.45
Adani Power: 1.87
Adani Green: 7.70
Adani Wilmar: 0.40
Average debt to equity is 2.275.
Debt to equity above 1 is bad.
3. The overleveraged companies will mostly hit hard in a scenario of a recession. The central banks will increase interest rates to fight inflation, which will increase cost of borrowing. Interest rate payments in the over-leveraged companies will keep eating their current as well as future profits. This profits is already decreased because of a recession. You and me (consumers) will spend less on goods and services due to high cost of living, which has already decreased the profit in most of the companies' pocket.
4. Coming recession: Inflation has crossed highest in 4 decades in USA and UK, 3 decades in India, etc. The central banks will keep increasing interest rates to stabilise their respective economies.
5. The political friendship:- The friendship between current ruling party and Adani has been stronger due to the give-and-take relationship in the past. This is one of the reasons why people and investors are betting hard on Adani companies.
6. What should retail people do:
A: Stay away from Adani group companies. There are tons of good undervalued companies so why would anyone only want Adani group company?
Just because of FOMO (fear of missing out)? then, it's harmful in the long term especially to retail people. You know, the big investors (institutions) has expertise and knowledge to manage their losing bets. But retail people has only option to sell it at a loss.
Recession has not been reflected in the Indian stock market now, but the big investors (institutions) will be lowering their stakes in these risky companies once they see weakness.
What do you think about this analysis, please let me know.
Disclaimer: The analysis I've shared is based on my understanding and experience in the markets. The future can not be predicted only be forecasted based on higher probability of happening. Please do your own analysis and/or consult your financial advisor before trading or investing.
Adani Port Buying Setup with Explanation as Well $$Hello Everyone , Hope you all are doing OKAY .
In this Chart we would like to explain you why we should buy Adani Port at this Level.
As you Already can See in Chart that Market falls like Crazy from 759 Level. After the News Dropped on ADANI GROUP , but price Slowly Recover and again came to That level 759 Level.
After rejecting 3 Times Price finally Broke that 759 Level. Which Shows us Buyers are actually Creating Demand at 759 Level That's why Price Broke that Level and took Support at the Same Level . Which gives us Enough Signals to go LONG in Adani Port.
Reasons NOT to Buy : Only Volume is Not Confirming the Breakout .
In this Trade R:R is good , so it is good to go trade . You can see 900 Level in Coming Weeks .
If you Have any Question Regarding this Please comment Down Below .
Disclaimer-: View is just for Educational purpose only.
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.
ADANI should donate blood instead making bloodbath in the markethola amigos,
Another update on adani enterprise
As we can see some order box for this big mover and i know its going to break this support line and gonna fall more but right now rsi is oversold and macd need to curve upward little bit
So, are we in the sideways ?? umm maybe not
First 1500?
second 840??
Third 296??
Reply your Thoughts and if you want me to technical analysis any coin or stock comment i will do it for you