Hey Everyone New adani update Bearish pennant breakout ✅ Fibonacci retracement ✅ Macd curving✅ Rsi Oversold✅ Volume Down✅ TLDR bears are grabbing Adani buyers from the throat..
Though three is chaos in ADANIPOWER, it is trading near breakout zone. Most probably this will reverse from here.
Disclaimer: 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 Power looks good to be accumulated at each support for the new ATH. #adanipower #investing #trading #stockmarketindia Disclosure: entered with 1/3rd of my position size today
Adani Power Demand and Supply Zones Adani Q3 profit fall 96% Support Zone 1 - 160 -166 Support Zone 2 - 135 - 140 Rsistance Zone 1 - 241 - 257
Adani Power After Breakout, now comes near weekly Support Zone. Stock also posted results. Look price action near this zone.
The stock has been uplifting only for the sole purpose for the whales to sell again, 2250-2100 SHORT SELL.
Looking at a dead cat bounce on adani green energy, Looking for a 20-25% upside.
Good Monthly Demand Zone between 123-107. If stock reaches there once can take entry for 3-6 months and if fundamentals are good should bounce back from these levels.
hey Folks Its 3 february 2023 And adani close 1500 last evening Now acc to me its going to touch my 840 target today So beware if you have any holding Adios *Note-Not a financial advice*
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 =)
hey check this out adani is making some serious move after the macd divergence and now are we going to see the retest of the trendline? or bounceback
In 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.
Hi 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...
There 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...
Key highlights: - Sitting in the weekly demand zone but most likely it will breakdown - Previous swing level near 166 can also act as support - Previous swing level near 166 can also act as support - Next important demand zone at 110-140 - HTF structure is bullish Disclaimer: This is NOT investment advice. This post is meant for learning purposes only....
We have seen tremendous fall in Adani Group due to Statement by Hindenburg statement. Now Price has Squared the Time as per Calculation ...Expecting Price to halt at this point or went to Consolidation zone. Price must respect the 50% fibonnaci level mention on the chart (2367.80) if on any circumstances price went below this then...Stock may suffer more. Let see...
Adani Power Weekly Chart Analysis. Adani Group is in News today. Many investors are feared by the short selling. So here is the analysis.