ADANIPOWER
ports ... adani ports the counter which was hammered by heidenburg reports!!
i expect it to touch a 15% upmove area
multiple reasons beyond technicals
one is to maintain market cap of the group
being one of the nifty stocks in adani folio
other stock may show underperformance but such counter with real value are someone who should perform !
i like a quote that could be useful here !!
When everything seems to be going against you, remember that the airplane takes off against the wind, not with it." Henry Ford.
Adani Total Gas is the verge of BOOM💥💥💥Adani Total Gas is already trading in a limited range as per shown on Chart. Very soon it will break the upper resistance line and trade on a higher side. Target would be as follows:
1st Target - 994
2nd Target - 1040
Stop Loss - 910
Keep your watch on such levels
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 Power: TechnoFunda PickDisclaimer: View for Educational purpose only, not to be taken as any advice to invest or trade.
Stock has corrected more than 60% from its recent highs.
Stock available at lower PE in comparison to Industry PE
Price-Earning Ratio (PE) 6.26
Industry PE 15.21
Stock price may continue to fall more and see levels from 142 to 125
Still seems very interesting.
Adani Nosedives What can we expect now?ADANI fell from 4000 to 1500 in less than four weeks in a sensational week.
Here in this chart , I compare it with another instrument which printed a same pattern last year and try to predict how it might move.
Comparison purely based on technical levels.
Follow @piyushrawtani if you found the idea useful.
Cheers =)
Adani Power breakdownIn my opinion Adani Power has broken down severely and 200 is the next key support level. If there is no recovery then things can look tough for this stock. Adani Group has been the talk of the town due to a report by Hindenburg Research. The stocks have been in news for all the negative reasons.
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
Adani Group before & After HindenBurg Report - ImportantThere is this very famous saying in Stock Market - Market keep doing what it wants to, and news/events are just excuses given for small traders to satisfy their logics.
You can see this in charts of various Adani group of Shares. check below charts -
These shares were already in correction mode before this report.
Now decide yourself, whether one needs to panic or not.