Stock has come under a brought zone. I may think as chart suggest, if it's give Breakout above 396, we can go for long.
So Target are T-1 427 , T-2 482, T-3 543
SL - 355.
As of above just watch this stock, entry after 396.
Supply and Demand Zones For Day Time Frame Chart Analysis
Major Support 1 - 344
Major Support 2 - 313
Major Resistance 1 - 421
Major Resistance 2 - 499
Major Resistance 3 - 558
NSE: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.
Shares 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.
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...
Key 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!...
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.
🔴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...
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...
Already formed a cup, now handle / second contraction of VCP is on the way. Resting at upward trend line also. Nifty FMCG & other Adani stocks are doing well.
Setting up nicely for upmove breakout of cup and handle formation on an important resistance level not again retesting the level. Hence this will act as an support now and in coming days this script can take off pretty fast.
hey guys ,
from a long time , we are seeing that ADANI COMPANIES ARE GIVING GREAT RETURNS,
in this group of companies , there is a stock called ADANI WILMAR ,
this stock was giving a great returns , JUST AFTER LISTING
this stock has gave a return of APPROX 250% RETURN in just 73 DAYS ,
but after a short period of time ,
this stock has started to follow a...
Adani Wilmar is looking like a good buy at these levels 720-730 for marked target and above.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
![AWL: [SHORT-TERM] BUY ADANI WILMAR](https://s3.tradingview.com/h/HfStzlzy_mid.png "[SHORT-TERM] BUY ADANI WILMAR")
