At the same price point RSI is continuously decreasing, and it will take a swing in shorter time only. For medium and Short term it is in uptrend. A good opportunity to buy at a discounted price
Successfully bounced back from the support trend line
ADANITRANS is forming a triangle pattern in 30M timeframe. It can give a breakout in the coming trading sessions. It can be a good positional trade with SL initially at the nearest swing low and then trailing it tightly to ride the rally. You can add this is your watchlist and keep a track of it. You can enter the trade when price crosses the high of breakout...
ADANITRANS Short Term 2-4 months, simple S&R and trendline.
Intraday / Swing Setup: Looks good above 302 with SL of 294 for swing for the target of 319/330. For intraday we can keep SL 298 and target can be 310/315/320. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading
This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help...
CMP = 276.85 In 5 sessions from 222.20 to 276.85 (24.5%) Hammer candle formed on top with huge volume. Most likely will correct upto 261 (5.7%) upto 250 (9.5%) Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that we learn & earn together. More...
There is a 6 points gap abv 225.., once the stock crossed 225 there is a huge possibility to cover the gap. Also once the candle closes abv 225 it will be a good pick for positional too since there is a another gap: Positional target 247
NSE:ADANITRANS Currently its within this triangle , not expecting a breakout Sell Limit 203.80
Buy above 195 SL 191 T1 198.5 T2 204
Adani Transmission is moving towards 136.05. Holding support there maybe difficult in the long run.
NSE:ADANITRANS Stochastic Divergence (lower highs) showing further fall from current level of 194. Keeping a stoploss of 200, new short position with a target of 187(T1), 177(T2) & 167(T3) is suggested!