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.
Adanigreen making flag pattern and breakout on daily basis. Sustaining above 2030 with good volume can lead to further upmove respect to the following given levels. NSE:ADANIGREEN
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...
Adani Ports currently at good levels. One Can Buy It 0n 820 LEVEL, Once it retest its resistance level 815 TARGRT Of 880 RSI Above 60 Above 50EMA Good Volumes NSE:ADANIPORTS
Swing trade: Past 5 weeks selling volume is very less compared to buying one. Can show good upside momentum. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
CMP 669 Good likely opportunity to Buy at Rs 620. Wont Go Short here, though its 7.5% downside from here. The upside potential from 620 levels seem enormous.
First Target : 600 !! Then there would be a recovery. Final Target: 420 !!!