ADANI ENTERTAINMENTBUY AT 3930 STOPLOSS 3800 TARGET 4050 4500 breakoutdone and support ,consolidate at support area
ADANIENT trade ideas
ADANIENT Breakdown Adani enterprises was consolidating in a range of 3855-4080 , in today's session we got a breakdown of that range which gives us a downside target of 3700 , 3650 and 3600 . Can short adanient with a SL of 3890-3900
ADANI ENT bounce ahead?when whole ofthe bunch of stocks were rising
the adani stoks were correcting.
adani has touched 20 dma recently.
It appears some flat correction is going in it.
one can go long with stop loss shown in the chart.
Go through my posts of adani which always hit the targets.
Don't forgrt to like this post.
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Adani Ent weekly chart: SELLNSE:ADANIENT weekly chart forming double top bearish pattern along with relative strength comparison. On candlesticks weekly forming evening star on second top.
Reality check—Adani EnterprisesOverleveraged and overpriced scrip. Intraday sell. Longer term sell to 3500. Will post a more- detailed view in few days.
Introduction to Volume profile If you have been in the market for some time, you may have heard of a study called the “Volume profile” . Today we are going to take a deeper look at volume profile, along with a few example strategies. This post will also lay the groundwork for future posts about more advanced volume profile topics.
Please remember this is an educational post to help all of our members better understand concepts used in trading or investing. This in no way promotes a particular style of trading!
The post will shed some light on the following topics:
→ What is volume profile?
→ Difference between traditional volume indicator and volume profile
→ Volume profile terminology
→ Different types of volume profiles
→ Example strategy
👉 What is Volume profile?
Volume Profile is an advanced charting study that displays trading activity at specific price levels over a specified time period. On the chart, it plots a horizontal histogram to reveal significant price levels based on volume.
Volume Profile, in essence, takes the total volume traded at a specific price level during the specified time period and divides it into either buy volume or sell volume, making that information easily visible to the trader.
👉 Difference between volume profile and traditional volume indicator
The core difference between the traditional volume indicator and the volume profile is how they consider volume with respect to time and price.
The traditional volume indicator plots histograms at specific times, without giving any relevance to the price levels. On the other hand, the volume profile gives importance to price levels without emphasizing on the time scale.
👉 Volume profile terminology
■ Point of Control (POC) – The price level for the time period with the highest traded volume.
■ Profile High – The highest reached price level during the specified time period.
■ Profile Low – The lowest reached price level during the specified time period.
■ Value Area (VA) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
■ Value Area High (VAH) – The highest price level within the value area.
■ Value Area Low (VAL) – The lowest price level within the value area.
■ High Volume Nodes (HVN) – Peaks in volume around a price level.
■ Low Volume Nodes (HVN) – Valleys in volume around a price level.
👉 Different types of volume profiles
TradingView currently provides 5 types of volume profiles. These are:
1. Auto anchored - Specifies the anchor of the volume profile calculation, i.e. how often the volume profile recalculates and where it starts.
2. Fixed range - Builds a profile using the custom anchors provided by the user.
3. Periodic - Sets the period for which the indicator builds volume profile, one profile for each new period.
4. Session (Normal and HD) - SVP displays a profile for all the market action that occurs within a session. If set to "All" (default), the indicator will consider the pre-market, main trading session and post-market as one session.
5. Visible range - Builds a profile considering all the visible data on the screen.
Please note that the Volume Profile is a paid-only feature that can be accessed by subscribing to one of our paid plans. If you need to upgrade your account, be sure to check out our Black Friday sale . You can get up to 60% off on subscriptions.
Example strategy
Just like with most other tools or studies, Volume Profile has a number of uses. There are many trading strategies out there using Volume Profile as a key component. Below are the basics of one such strategy which is based on comparing the current day’s opening price to the previous day’s Volume Profile.
👉 If the current day opens above the previous day’s value area (but still below the Profile High)
A sample setup is to look for the price to retrace back toward the Point of Control and then proceed to rise (the direction of the day’s open). Therefore during the retracement to the Point of Control, there is a buying opportunity.
👉 If the current day opens below the previous day’s value area (but still above the Profile Low)
Some traders may look for price to retrace back towards the Point of Control and then proceed to fall (the direction of the day’s open). Therefore during the retracement to the Point of Control, there is a selling opportunity.
👉 If the current day’s opening price is completely outside of the previous day’s profile (above the Profile High or below the Profile Low)
In general, this is seen as a possible runner in the direction of the opening price relative to the previous day’s profile range but different traders may look at it differently.
Thanks for reading! As we mentioned before, this isn't trading advice, but rather information about a tool that many traders use. Hope this was helpful!
See you all next week. 🙂
– Team TradingView
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Adani Enterprises - BreakoutbreakdownParallel Line Breakout/Breakdown.
If either of the side crosses with volume then can give a trending move.
ADANIENT - Elliott Wave ViewAdani Enterprises - As per technicals, the stock is likely to complete 5 waves on a larger degree which could result in a trend change in short-medium term.
Bearish Adani Enterprises Adani enterprises was travelling in a ascending wedge and broke the support line with a strong bearish candle.
Can find shorting opportunities once opened and traded below 3100 for the targets given
ADANIENT looks strongFibbo from Major high to Major low and stock is taking support at 0.618
We may plan trade once a day candle closes above 3340 with good volume ( Trendline break ) and came to retest 3240/50 levels (for conservative traders),
for aggressive traders who can take bit large SL then can enter above the candle with breaks trendline and closes above 3340. SL should be below Fibbo 0.618 levels or swing low.
Adani enterprisesMetal Index on the verge of Breakout and ADANIENT has the highest weightage around 22%
so cmp is 3600 can buy from now to 3450 with SL 3300
Target 3850/4250
What I did today with the plan for 11 Nov Markets I daily make educational content videos on financial markets
Adani Enterprises Ltd_BullishAdani Enterprises Ltd looking good for bullish, if price sustain above 3450. It will move towards upward. refer the upcoming levels.
#Adanient cash : Looks good around 3880-3930#Adanient cash -Positional call
09.11.2022
Looks good around 3880-3930
Stoploss 3700
Target 4180/4380
Cmp 3997
[HP] Adanient Short IdeaUnless it triggers do not short. I am personally shorting 4200CE with BEP near 4300.
Note -
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.
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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.
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ADANI ENT Reliable BREAKOUTHere Stock is in 5th wave which is good. Take entry between 3850 and 4050. Target is 4350. Stoploss is 3800. I hope it will go good. Enjoy the trade.
ADANI ENT hits another target.Last friday I published the chart of adani net.
it hits the next target mentioned in my chart.
what should be the next target.
follow me to get up dates .
don't forget to like my post.Please
go through my post of friday.
ADANI ENTERPRISES LIMITED - Volume Breakout + Bullish on Chart📊 Script: ADANIENT (ADANI ENTERPRISES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY NEXT 50
📊 Sector: Commodities Metals & Mining
📊 Industry: Metals & Minerals Trading
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 67.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 3575.70
🟢 Target 🎯🏆 - 3885
⚠️ Stoploss ☠️🚫 - 3417
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Adani enterprise BullishAdani ent seems strong weekly closing
as well as rounding bottom in daily
impulse move breakout may happen
concentrate if price sustain above 3855 in 4hrs
Adani Enterprise channelBy looking at the trend channel Adani failed the support so more down side move is expected in the coming weeks
ADANI ENT approaches the 2 nd target.watch my levels it is striking the levels one by one.
should it the thrid levels.
Highly volatile stock keep tight stop loss.
don't forget to like my post.
follow me to get updates.
my other ideas attached here with
[HP] AdaniEnt Priceaction Overview
We had left Adani last to last month around 3600 on a bet that it will rise to at least 3600 so that we can sell again.
I was expecting a sharp rise but it rise up slowly but it rose up exactly to the marked point of 3600.
Sold 3800 and above.
Sell LMT of naked futures will be from tomorrow at today's low.
ADANIENT WAS BULLISH AFTER 20 OF Retracement strongest buyingDISCLAIMER FOR YOU GUYES ONLY EDUCATION PURPOSE ONLY AND adani was breakout after 20 days of retracement to it was bullish market comment for any stock analysis
