Adaniportanalysis
ADANI PORTS | SELL @ 1080 - 1050Adani Ports has strong resistance zone at 1050 - 1080 and formed a bearish pattern at the top. Sell trade can be initiated in the resistance zone for the marked targets on the chart until 1120 is intact on the upside.
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Adani News Impact PredictionHistory of Hindenburg Reports, Who Gave Report On #AdaniGroup
In 2020 They Issued 3 Reports:
🧵A Thread On The Same
1. Nikola Corp
They Said, Nikola’s business is not doing good and high chances that they may not execute as per plans
Nikola shares fell 80-90% from that levels
2. Wins Finance
A Chinese small business lender listed on Nasdaq. They said things are not looking in-line and after some months. It’s Chinese subsidiary and it’s patent both went Bankrupt and Wins Finance Got Delisted From Nasdaq Stock Exchanges 😳
3. Genius Brand International
A Entertainment Co trading at 6 USD. They said it’s richly valued and can be 1.5 USD (75% Downfall). It happened in just next 3 months 😇
These track record cannot be taken lightly. Although the market cap of Adani group Vs the other 3 companies mentioned above is not comparable size wise.
But we shouldn’t ignore the best in class research track record of Hindenburg. Be cautious and decide yourself
Adani Ports showing some negativity.Adani Ports has closed at a crucial level and the support zone around 775.
On the weekly charts, the stock has closed below 20 ema and near 61.8% Fibonnaci level.
There is a bearish moving average cross over on the daily time frame and has formed a gravestone doji.
3 points confirmation.
a. Bearish cross over (daily charts).
b. Close below 61.8% fib level.
c. Bearish RSI divergence (weekly chart).
Intraday and swing trades can be initiated once the stock start trading below 772 levels.
The stock can take a halt before cracking as the stock has formed 3 consecutive red candle on weekly charts.
Future traders can carry position of next month expiry.
Target :- 757, 723, 700(for positional trades)
Stop loss :- 800
An intraday entry can also be made once the stock touch 800 level and shows some rejection.
Wait for the price action near the price levels before entering the markets.
Adani Port Chart Analysis !! Broke Out.📈 Adani Port 📉
Adani Port broke out from a Downtrending Trendline zone after testing three times and it was inside a beautiful triangle pattern as well. Yes it has closed at high of Fab and March too.
So I am biased on long side.
On Buy Side I am looking for initial Targets of 813 and 878.
StopLoss should be kept at 715.
It offers 1:2 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Adaniports anaylsis for next weekThe stock on 4-hour time frame has closed just below the crucial resistance of 745-50.
If the stock closes above the 745 and sustains on a hourly time frame, entry can be made.
20 and 200 moving averages are converging. Finally, 20 ema has crossed over the 200ema.
Wait for the price action near the resistance level.
Support and resistance levels are marked and listed in the chart itself.
Adani Ports & SEZ Ltd - 25.03.2022Adani Ports & SEZ Ltd - 25.03.2022
The stock is trading @ 743 levels
There is a HAMMER @ Resistance in Daily Charts
There is a DOJI in Weekly Charts
RSI is 53 in Weekly Charts
There is a STRONG RESISTANCE Zone @ 751 levels
One can initiate a BUY Position above 748 with SUPPORT @ 729
The BREAKOUT above 767 is expected as there is a INVERSE HEAD & SHOULDER CANDLE FORMATION in Daily Charts (Neckline: 745; Low: 651.95)
Watch out for the price action
Adani Port Analysis. #AdaniPort #Adani📈 Adani Port 📉
Adani Port, Since June 2021 forming a textbook pattern of Triangle as you can see in chart beautifully following lower highs and higher lows, And Day by day range was getting narrower.
Today what I found is that it has closed below lower support of triangle on closing basis. Yes Not a good sign keeping in mind that markets are in jittery mode right now.
My Take : Wait for one more close below todays close if it does then perfect candidate for shorting until it does not break upper Trendline zone. Targets for shoring would be around 600 levels with upper trend line zone as Stoploss.
Disclaimer : Only For Education Purpose. Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Simple Trade Setup | ADANI PORTS | 18-01-2022 [INTRADAY]NSE:ADANIPORTS
Observations:
1) On 1 day time, we can see it is at interesting range. Breakdown of this range will give down move and if it gets support from this range then we can see up move.
Please refer below chart : 1day Time Frame.
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Trade Setup for 18-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ADANI PORTS | 05-01-2022 [ INTRADAY]NSE:ADANIPORTS
Observations:
1) On 1 day time frame, we can see that it open above 200DMA and took support from it and sustain above it.
200DMA is placed at 736.60 level.
Please refer below chart : 1 day Time Frame.
2) On 1hr time frame, we can see the parallel support channel, breakdown of it will make it ready for down move.
Please refer below chart : 1hr Time Frame.
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Trade Setup for 05-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ADANI PORTS | 15-11-2021 [ INTRADAY]NSE:ADANIPORTS
Observations:
1) On Daily time frame, it gave breakout of 21DMA. If it sustain above it then we can see upmove.
Major breakout level to watch now is 760 level. Sustainable breakout of 760 level will give good up move.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | ADANIPORT | 03-11-2021 [ INTRADAY]NSE:ADANIPORTS
I am posting this chart on request from one of the follower on Twitter.
Observations:
1) On daily time frame, we can see it has been trading below 200DMA and facing resistane from it.
Which is a bearish sign.
It has to break and sustain above 200DMA to start bullish journey.
200DMA is placed at 711.73 level.
Please refer below chart : 1 day Time Frame.
Also, we can see from the chart that 720-735 level range is critical resistance.
Safe long trade can be taken only on sustainable breakout of this range.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date 03-11-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
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This is a series where we discuss stocks recommended by you guys: Just comment on the fav stock you want analysis on or DM me ;)
👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins
✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows
✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges , and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts
✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.
✣ Supply/ Demand: In the supply zone , the prices are higher than the bid price, and in the demand zone , they are lower. The bid price is what a trader is willing to pay for a stock
👑 Important levels - explained well
👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
accending triangle pattern for Adani portaccending triangle pattern for Adani port
price hold support trend line even after declining in Q4 result
volume profile shows strong support at @746
also, the decline in volume shows confirmation of this pattern.
If the price cross 785-90 with good volume then consider this as a strong breakout.
so the expected target is 10-15% from this level.