Adaniwilmaranalysis
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
AWL - Readying for breakoutAlmost a year of accumulation
Last 2 weeks showing HIgh Delivery
Ready for Breakout
Target seems 4 figures in coming
Sl approx 20% so Trade accordingly
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 WILMARAWL Breaking out its Majar Trendline Resistance on Perfect or Major Support. we can see such a good upmove possible as there is so much potential in stock
Keep On Radar
Adani Wilmar Technical ViewVery Good Weekly Demand Zone between 365-336. One can take entry over here and hold for 3-6 months for a good reversal.
Adani Wilmal Support and Resistance Enter or Escape ? 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
Adani Wilmar LONG Adani wilmar has formed pole and flag on daily time frame
stoploss and target mentioned on the charts
Educational purpose only,Trade accordingly
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.
