📊 Details Adani Transmission Limited (ATL) belongs to the Adani Group. The Co is a private sector power transmission and distribution company engaged in the business of establishing, commissioning, setting up, operating and maintaining electric power transmission systems in India. Disclaimer: This analysis is solely for educational purposes and does not make...
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...
ADANITRANS big upside till 3018 Crossed above the recent range with strength
An evening star is a candlestick pattern used by technical analysts to predict future price reversals to the downside. Although it is rare, the evening star pattern is considered by traders to be a reliable technical indicator. The evening star is the opposite of the morning star pattern. The two are bearish and bullish indicators, respectively. Script = Adani...
CMP: 3349 - Bounced from the 50% Fibo level - Negated the big red candle of 25 Oct and closed above it - Next levels to watch are 3420, 3600
Key highlights: 💡⚡ 📈 Index is moving in Upward Moving Channel since 4th Nov 2020 as mention in chart. 📈 Index is taking exact support of lower trend line. 📈 MACD is also giving Crossover. 📈 One may go for swing trade into ENERGY SECTOR. KEEP AN EYE ON ENERGY SECTOR STOCK. EXAMPLE - ADANITRANS , RELIANCE ⚠️ Important: Always maintain your Risk & Reward...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Adani Transmission (Closing Price: 1869.9) According to Elliott Wave projection, Adani Transmission price will hike and touch 2118 - 2304 - 2364 levels. And the day traders can expect 1920 - 1946 levels.
Adani Trans - Swing Trade Breaking out after a nice consolidation, along with good volumes. A good RR ratio trade. Hold for targets ;)
NSE:ADANITRANS TECHNICAL ANALYSIS --> ADANITRANS is on the verge of breaking out of the ASCENDING TRIANGLE . --> ADANITRANS has given two consecutive closing above the POC (Point of Control-Volume Profile). --> Stock has tested the top of the Ascending Triangle multiple times so next time there is a high probablity of breakout. ENTRY --> Take a...
Chart coming out of a long wedge. Risk reward good. Adani group stock. Can go places.
#ATGL ADANI TOTAL GAS Ltd. NSE:ATGL NSE:ATGL Risky but could be a great trade RR Ratio > 2.5 CMP: 1501 Target 1940 almost 30% SL: 1326 Time < 6Months Others: NSE:ADANIPORTS NSE:ADANIPOWER NSE:ADANITRANS NSE:ADANIENT NSE:ADANIGREEN Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern...
Based on Strategy#2, reversal can be possible from Zone line. Good risk reward possible here. Next day after no lower circuit can be good entry Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
ADANITRANS can show upside movement. But it is a news based stock. Consider small qty before you enter. (for educational purpose only)
can be bought once dotted line is crossed 1:2 risk reward
after a rally a doji is formed on daily chart of adani transmission and gave a good fall of 5% and the fall may continue as the support is far. short if market is negative