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 ...
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:...
If 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...
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
Reply your Thoughts and if you want me to...
adani ent ., bearish shark patten complete (reversal sign),and rsi divergence 4hr timeframe, adani ent ., retest breakout level/support (2432) then we can see good upmove., currently avoid new entry for upside .
adani ent., bearish shark patten complete (reversal sign),and rsi divergence 4hr timeframe, adani ent., retest breakout level/support (2432) then we can see good upmove., currently avoid new entry for upside .
As per the 2 Hour Chart of ADANIPORTS, we have witnessed the formations of an inverted hammer, and a bullish harami followed by a confirmation candle on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the...
Currently Adani power is surging towards its potential near term exit. However there is a strong buying opportunity for anyone who is looking to make money from this stock. The re-entry is around 85. New guys should track this and any levels near 85 will give solid returns.
Adani 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
According to the daily chart there is a clear formation of Bearish Engulfing Pattern , which is further confirmed by RSI levels , and also Stochastic RSI with proper demarcation of overbought scenario in Adani Wilmar Ltd.
All the investors who chased the stock all the way to top , must be aware of the bear trap that had been laid . Sincere advice to all investors...