intra day trade for tomorrowclassic flag and pole pattern in adani enterprise
we can buy above 1836 with stop loss of 30-40 rupees
ADANIENT trade ideas
Concept of Soft,Hard Landing feat Adani Enterprises 1 ) Monthly Time frame story: This story tells us about the fibo retracement
- From the start of the journey of its price action till date, it has given a solid return
- Retracement was always pending in this stock. There can be two types - soft and hard landing type retracement
2) Stock has retraced almost 50-60% of its total lifetime move - Only Issue is Daily time hard landing retracement
Soft Landing
- Stock moving with a zig-zag type formation, that is, making lower lows with lower highs, taking time to reach 50-60% retracement levels, is what we call a soft landing in this contraction cycle of stocks.
Hard Landing
- Stock falling directly with big 20-30% falling bars in a single day and continuing this next day with increasing volumes tells the story of a hard landing, meaning no new
positions are made in between, and only selling side pressure increases without any backing from bulls at all.
3) Execution: The plan here can be that after Hard landing like in the case of Adani stocks, we need to be patient and mark important levels
- Here I have made on the daily time frame 2 patterns - Triangle and W bottom, many other fomrations can be there ( it should be a bullish pattern at this stage, that's all )
A breakout of out it can be played with a small investment amount ( This is not an advice, so consult your fin advisor or take decision on your own trading style )
Good luck
intradaytrade with very less quantity . you can use half of your 1 day risk.
short below green line . target 1614rs
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Adani Enterprises Dead Cat BounceThe script after heavy selling showing a dead cat bounce the red line denoting 8EMA should not cross and scrip is likely to continue its downtrend from thereon, Kindly don't look to find value in any adani scrip as of now. Either avoid or create short positions subsequently on every major moving average resistance zones
Adani Enterprises Technical ViewTechnically there is a good Weekly Demand Zone between 988 to 889. One can look at an entry there and hold for 3-6 Months. If Fundamentals of the company is good should expect a bounce back all the way up to 2400+ Levels. Almost Touched 988 and gave a reversal :-)
[Intraday][3BBR] Adanient Mean Reversion BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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ADANI ENTThis is a long-term view, valid until March 31st. It can extend its strong "beaish" sign. According to the fundamentals and Hindenburg's criticisms, this stock will fall dramatically.
History always repeats itself in the stock market, so make sure you take advantage of this opportunity.
Remember Harshad Mehta's scam? What happened when it increased ACC from 200 INR to 9000 INR?
target 185, just believe everything is possible in stock market when it can go from 40 to 4500 in 3 years it can fall 4500 level to 40 level.
are you a part of MAJOR TRAPafter this 60% recovery from the bottom many retailers got excited about Adani enterprises and had made position in Friday market, if you are also among them than read this article carefully.
let me give an case study of Vedanta last year in the month of May Vedanta fall by 25% within 8-10 trading session it than started consolidating, for some days in ascending triangle pattern many people thought since this is an demand zone the stocks will not fall further and will start an upward- journey, but it was not a consolidation it was an TRAP for retailers. those who made position saw an another 25% fall,
notice that now it is more than 8-10 months the stock has not recovered it previous high.( for more clarification see chart)
{ NOTE;i have used Vedanta example just for reference}
now something similar is happening with adani enterprises , the stock has fallen 60% so drastically and made 60%recovery after 34% more fall (making a total fall of 74%).
if you notice the volume on friday market the volume was more than previous days even after that the stock was not able to cross the resistance area on weekly time frame and closed taking resistance at 5 min time frame, making bearish sentiment.
see if you are still bullish in adani than let me put some more data in front of you, 4- more stocks of the group( green, power, transmission ,total gas ) were closed at lower circuit making a another bear sentiment, if the group has to be bullish than remaining stocks should also been closed in green
so what i want to say should that you should sell you position , OfCourse not , i just want to say before entering any stock make risk assessment and dont become a part of trap seeing few green candles.
these are just my views , make your own analysis , share your views in comment and do boost this post.
ADANI Enterp. displaying Jean-Paul Rodrigues "Stages of Bubble"I looked into Hindenburg allegations on Adani group and realized, it is indeed a bubble. I looked into the chart and remembered the Stages of Bubble explained by Jean Paul Rodrigues. If Adani fails to address the allegations, Adani stocks can return to the mean.
Always do your own research!
Adani Stocks, Valuations, Volatility and ConsolidationAdani Stock are in limelight after Hindenburg research. Stocks have fallen heavily after the news and FPO had been withdrawn.
Lets try to understand by combining Valuation fundamentals, Technical analysis and volatility. Also try to decode what usually happens after such wild moves.
1. Adani Stocks were on continuous rise after Covid drop
2. Valuations of some of Adani group stock reached sky high. PE multiples of some of the stocks are still above 100.
3. When stock makes top with extreme valuations there is chance of sharp correction.
4. There is no definite method to identify stock top yet from confluence of price action, volume and indicators one can identify them like Candlestick reversal pattern, Divergence on weekly or daily charts on MACD or RSI and abnormal selling volume are few to look out for.
5. Stock sharp correction is linked to volatility or Fear which can give wild moves on both up and down side
6. Volatility then gets contracted and stocks goes in long consolidation
7. It may make smaller new low but still for good amount of time it won't recover and hit fresh highs
Similar example is IRCTC check image below to understand in which phase Adani stocks are
Disclaimer: This is just educational analysis, readers shouldn't conclude this as ultimate truth and need to conduct their own studies. Stock markets are dynamic in nature as human emotions are involved. Anything and everything possible.
Disclosure: Don't own IRCTC or any Adani stocks nor have any bad will against them.
Adani Enterprises...This stocks has completed 1 cycle. In this cycle we can see wave 5 was an extended wave, and we know that whenever wave is extended than it corrects sharply and atleast upto start of wave 5. Now stock is in corrective wave of cycle it can go upto 900 to 600 levels also, but it is very difficult to say where it will stop.
Weekly chart log scale It seems to be correcting in a wave iv of 2 lesser degrees . But since the wave iv is very sharp it seems to a just wave A of a very long time consuming triangle in the future . Where will this wave iv end , most probably it should be supported by the base channel . Kindly note this correction should not go beyond 0.618 .
Adani Stairways to hell😣 hey Folks
Its 3 february 2023
And adani close 1500 last evening
Now acc to me its going to touch my 840 target today
So beware if you have any holding
Adios
*Note-Not a financial advice*
Adani appears as a corrective 5 wave up move ( A wave )The present up move was studied & it appears as a five wave up move which will end @ around 1800 followed by the the " b " down move.
Adani Enterprises Ltd : Ready to Swing ?If I ignore the fundamental analysis and focus on the technical aspects of the chart,
What I have found is:
There is huge support and resistance in 3300 and 3500, respectively.
Price is above the 200-day moving average
So if you want to go long for swing trading, you can buy near 3300 or between 3250 and 3300.with a small stop loss
Your target should be around 3400, or whatever your conviction is.
adani enterprisesthis is the same idea published earlier, republishing just to show how pattern works
ADANIENT CMP 1252 ADANIENT CMP 1252
simple news flow in adani streching the stock down side
supports are horizintal levels - retest of earlier uptrend
lets see how Adani Reacts Else
NSE:ADANIENT
disaster
ADANI should donate blood instead making bloodbath in the markethola amigos,
Another update on adani enterprise
As we can see some order box for this big mover and i know its going to break this support line and gonna fall more but right now rsi is oversold and macd need to curve upward little bit
So, are we in the sideways ?? umm maybe not
First 1500?
second 840??
Third 296??
Reply your Thoughts and if you want me to technical analysis any coin or stock comment i will do it for you
Buy adani ent for target of 1900Dont miss to buy adani ent for target of 1900.
All negatives are factored
Adanient Trade Set up Adanient Trade Set up short side trade here on Adani Ent
NSE:ADANIENT
cmp 3205 Structure is weak now for Immediate sell of towards 3037
It is free fall,mentioned on 28th one more leg down to come.Yes It is free fall till now.
let us see where it halts.
just before fpo it was halted to climp just above 3000.
On 28th I had mentioned in my post about the forthcoming decline.
Today it bounced when it went below 1871 to just cross 2000.
then deccline continued to touch next level 1539,
if it slips from here next level to watch is 1399.
200 period weekly average is at just above 1200.
it is really interesting to watch what happens tomorrow.
don't forget to like this post.
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please go through my latest post of adani,sbi,and hdfc bank
and bank nifty,
please click the play in the posts to know about the predictions.
Adani enterprises and curved pattern,02.02.2023publishing my idea about curved pattern and its impact on the prices
where ever a curved pattern exists there is always a chance of exponential growth or downfall
when price starts making a curve pattern either way ,when it is broken especially in small time frame, price makes sharp movement
it exists in every time frame from 1 minutes and beyond
