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ADANIPORTS

Adani - A technical perspectiveHi all, hope you are trading well. It’s been a long time since I last posted. Apologies for that. 🙏 With all the buzz floating around Adani and let's see the charts from a technical perspective using supply demand, market structure, and basic S/R. Please note that I am not a fundamental analyst and hence not concerned with the underlying working structure of the company. We are going to see all the Adani companies along with the custom simple weighted chart of the Adani group. - Adani simple weighted index (excluding AWL for more data) - Adani simple weighted index (including AWL) - Adani Enterprises ( NSE:ADANIENT ) - Adani Ports ( NSE:ADANIPORTS ) - Adani Green ( NSE:ADANIGREEN ) - Adani Power ( NSE:ADANIPOWER ) - Adani Transmission ( NSE:ADANITRANS ) - Adani Gas ( NSE:ATGL ) - Adani Wilmar ( NSE:AWL ) Let's get started! 🚨 Adani simple weighted index (excluding AWL) - Plenty of demand zones on the downside - Internal structure has shifted - Structural low is still intact - HTF structure is bullish 🚨 Adani simple weighted index (including AWL) - Less data due to AWL - Structural low is intact - Approaching demand zone - HTF is bullish 🚨 Adani Enterprises - Former daily demand zone should now act as a supply - Weekly demand zone at ~2000-2400 - Reaction from the demand zone will show the intent of long-term buyers 🚨 Adani Ports - Distribution cycle complete - Range low will act as a supply - Tapped into the weekly demand zone - Need to wait for the structure to develop on the daily time frame - Flip zone at 400-430 🚨 Adani Green - Strong supply formed near 1800-2100 - Approaching weekly demand zone - Monthly demand zone at 900-1050 🚨 Adani Power - Sitting in the weekly demand zone but most likely it will breakdown - Previous swing level near 166 can also act as support - Next important demand zone at 110-140 🚨 Adani Transmission - Structural low intact - Tapped into the weekly demand zone - Important flip zone near 1460-1650 🚨 Adani Total Gas - Forming Wyckoff distribution schematic on daily - Most likely it will approach the weekly demand zone soon - Flip zone near 1460-1700 🚨 Adani Wilmar - Hovering near daily demand zone + swing level - Any lower move can trigger a sell-off to the weekly demand zone Thanks for reading. I hope you found this helpful! 😊 Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
NSE:ADANIENT1!
by johntradingwick
19
what to expect from adaniportswell no doubt after the heidenbergs report there was a huge fall in adani stocks , so does that mean you should sell your entire stake in adani stocks lets discuss 1) see it was an open secret that adani stocks were overvalued, a much needed retracement was required for building new position, this opportunity came in the form of heidenberg report 2) after this report almost all adani stocks are at 50% discount from its top, so what i want to say it may not fall further , obviously not it may. than what to do with your open position.(these are only my views) a)if you are early investor and bought adani stocks at reasonable price(price before the rally) and you have long term vision than stay invested and also dont see charts daily you will end up burning your blood seeing the portfolio going down b)if you bought them with swing point of view and not exited yet than exit as soon as possible, dont expect an vertical upmove, you will end up loosing more, and dont convert it in longterm. what else you can do 1)wait and watch- adani stocks are powerful stocks with mostly promoters holding(60-75%) so just because of one report with some allegations not proven facts the entire group will not going to collapse thus dont become the part unnecessary panic 2)make new positions- as per my opinion it is not the right time to make fresh buying position in adani stocks, let the market settle make some price action and if there is some sign of reversal than enter am i biased in adani stocks not in all but in adani ports i did observed something interesting, although all the adani stocks closed at lower circuit but that did not happened to adaniports. even it took support from an important level as marked on the chart on weekly time frame. so it is possible that it may not fall further. also, during the day close there was higher high formation at 5min time frame. thus i am very much interested in this stock. see, adani business is infra centric thus till the time india is focusing on its infrastructure adani's business is going to flourish. these are only my views. share your views in comment section, would love to read them. do boost this post so that it will reach more people
NSE:ADANIPORTS
by bannasaa
4
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.
NSE:ADANIPORTS
by TheMamboMomentum
ADANIPORTS -- Entry only on ReversalMy own perception : NSE:ADANIPORTS Currently on a downtrend and its Sell recommendation as per the majority of indicators and scripts. Close is above Monthly 20 and Weekly 20 SMA, but the rest all are red. As currently, the stock is on support level - either to reverse or breakdown further -- Based on the possible Harmonic pattern - in case of reversal above 808, can consider entry to the upside and possible first target 868. This is a risky trade. Also based on RSI - Daily RSI < Weekly < Monthly and all are going in the south direction. Also from Futures perspective, currently trading below the Previous and current series VWAPS. Incase of reversal - we should be able to see a strong upside on 800 CE levels. Add to watchlist.
NSE:ADANIPORTS
by rvc8280
AdaniPorts: Views : BearishNSE:ADANIPORTS Technically : it's in downtrend in proper 1D timeframe. It entered into the downtrend on 22nd Dec'22 red candle and yet into that red candle consolidation zone (similar like #RELIANCE). The solid support is at 780 level. In upside, 850 is the major resistance . Above that 880/900 possible. Right now, if one wants to invest , can buy around 780-790 level. But you need to have patience. Fundamentally : this is the sole share in Adani bucket which seems fundamentally strong also.
NSE:ADANIPORTSShort
by pradipandsuvra
1