ADANI WILAMR by KRS Charts5th Nov 2024 / 9:22 AM
Why AWL ❓❓
1. Decent Fundamental and Corrected Stock Technically.
2. Even its Correcting since long time, it made HL in monthly Timeframe. Which is good sign.✅
3. Clearly 5 Wave Correction Structure is finished, One Bounce is expected till 4th Wave height from current price.
4. Upside Movement can be Sluggish it's a swing Entry so. 📈
With a Good R/R more than 1:3 Target will be 509 Rs.
with SL of 285 Rs Daily Closing Basis.
Adaniwilmar
ADANI WILMAR ON SUPPORT When WILMAR falls from high and start accumulating in the bottom zone , when price go up volume also goes up but price goes down volume doesn’t. It’s shows that there is opportunity to invest in this support area . Charts price shows rectangular channel bottom price . Now if we pick up from here then we have low risk.
Monthly Chart Looking GoodKey Highlights : 🔰
🔷 Script Name : Adani Wilmar
🔷 Script Symbol : NSE:AWL
🔶 Stock In Demand Zone 🔥
🔶 Stock Support Level Near ₹ 300/- 🔥
🔶 Narrow Monthly Bollinger Bands 🔥
🔶 Volume Supported Price Move 💚
🔷 Stop Loss : Below ₹300/- Weekly Close 👀
🔷 Target : 🤔😊
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!!
Shyorawat Arun Singh ❤️
(@Shyorawat_ArunSingh)
Founder : Shyorawat Investing School
Adani Wilmar crossing the Fibonacci resistanceAdani Wilmar has been in down trend since long and since then it is moving in a channel.
In addition, based on Fibonacci levels it is crossing the first resistance level at 23.6% and will change it trend if it sustains above the levels of 414. The fourth attempt in breaking the resistance level.
If we get good volume then expecting 2-3 Target levels on the Fibonacci level of 38.2% and 50% of the next resistance levels at 414-474-557 and more if market sustains.
No recommendations, just my view based on chart pattern.
SELL ADANI WILMAR @ 385 - 410Adani Wilmar is trading in a range which is 410 on upside and 325 to 315 is on downside. The stock is currently trading at upper range and we expect stock to heading towards lower range again. Sell @ 385 and add more if it goes upside until 411 is intact.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Adani Wilmar Ltd - Breakout OpportunityDate : 27-Feb-2024
Rating : Buy
LTP : Rs. 387.85
Targets: (1) Rs. 419 --> (2) Rs. 492 --> (3) Rs. 532 --> (4) Rs. 639
SL : Rs. 350
Technical View:
Since SEP 2022 NSE:AWL has been in primary down trend. On 19-Feb-2024, NSE:AWL has given break out from its primary down trend with higher than average volume. RSI is above 50 and MACD is above 0. Indicating bullish sign for coming days.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
ADANI WILMARNSE:AWL is a one of the company of Adani group with below average fundamental but with the good business model.
currently, on the daily chart frame the company has made a vivid head and shoulder pattern. and also it consist of many gaps in the past.
so fresh investors should avoid this company and wait for the good valuations. and it has sell target of 472.
Adani Wilmar CrashShares of Adani Wilmar have crashed and have broken the recent low as well. Be careful in this stock and do not enter until price stabilizes. All Adani Group Shares are under pressure due to the Hindenburg Research Report. Let us see what the developments are in the future regarding this fiasco. In the meantime keep it on your radar.
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 Wilmar - Important zonesKey highlights:
- Hovering near daily demand zone + swing level
- Any lower move can trigger a sell-off to the weekly demand zone
- A re-accumulation from the weekly demand zone seems like a good idea
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
HEAD AND SHOULDER BREAKOUT (AWL)Head And Shoulder Breakout
CMP: 435
Targets for Downside: 591 and 551
SL: 671 Above Previous Swing High
AWL Broke this years major support retested the support area and now heading to downside.
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell.
Adani Wilmar - Taking Multiple support at same trend🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.
Adani Wilmar - Ready for the next impulsive move?Key highlights:
⚡️ Bullish market structure - clear formation of Higher highs and higher lows.
⚡️ Reclaimed the flip level
⚡️ Any pullback towards the 650 zones seems like a buying opportunity until and unless the price closes below the 650 level decisively with good volume.
⚡️ The long targets are near the 770 level and 880 level.
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