ADANIENT trade ideas
Trading with the 3M frameworkOne trade cannot make you rich, therefore it is important to not run behind every breakout trade and risk too much on a single trade.
By working equaly on all the 3Ms of trading we can balance our emtions and trade effectively.
Let's see how with the help of 3M framework we can trade above range breakout pattern.
1- Method Management
Simple range breakout
Price has respected the upper and lower trend lines multiple times which makes it a valid trend line. Now after the price breakout, the upper trendline which was previously acting as resistance will now act as support.
We can place the stop loss just below the upper trendline.
Exit immediately if the price fails to respect the upper trendline, do not hold the losing trade
2-Risk management:
Risk only 2% of your trading capital
Enter 30% of your position at CMP and if trades goes in our favor then execute your remaining 70% position.
Be patient. Don't bet too soon .
The point of entering with 30% position is if the trade goes wrong then our loss will be only on a 30% position.
The whole idea is to lose less money when you are wrong and to win more money when you are right
3-Mind managment:
Note= Trade with probabilistic mindset , no matter how much analysis you do there is always 50-50% chance.
Our main objective is to ' 'Cut your losses short and let your profits run.''
To be profitable you don’t have to be right every time, you just have to be right big and wrong small.
Remember that the trade we are taking is just 1 of the next 1000 trades we are going to trade. We should not get so much emotionally attached to it that we end up losing our sleep if it doesn’t go according to the plan. By minimizing the importance of that one particular trade, we can really trade with ease and would be in a better situation to take sound decisions.
Note= Get in the habit of focusing on your trading system and following the process for entries, exits, and position size, rather than the money you are making or losing at any particular moment
Adani Enterprises - Channel Breakout or ReversalNSE:ADANIENT is set all time high just 2 points above previous high.
Now trading at resistance zone.
It could give a blast above 1720 or it will give some fall and continue to travel in the channel.
Wait for the direction confirmation.
Flag pattern BO.Huge upside rally was halted because of the news. Now gaining momentum again.
Strict SL at 1380, which is the flag pattern breakout.
Target1 at 2300 and Target 2 at 2900.
Good RR ratio for short term.
Do you own DD.
Thank you.
Adanient Reasons are mentioned.
Watch the Price action.
SL will be of 50-60 points, Target should be 100, but keep trailing.
Wait for Range breakoutKeep this stock in radar. running in range in weekly timeframe. also watch what i said on my charts always trade with plan and risk management. good luck :)
Adani Enterprise is ready to touch the skyLooks like the stock is inviting buyers. It might be a good journey if it gives any follow up buying.
Do your due diligence.
Keep earning! Keep learning!
adani ent which road it going to follow??reviewweekly chart ..
after making a good move of 500 months back
and retracing back
now consolidating in that range .
which road it going to follow..
will observe ..
no view
Long Adani EnterpriseLong Adani enterprise above 1570 TGT 1615-1650 SL 1525. Entry has to be taken after the BO of the resistance area as well as marked TL. RSI is above 60 level & expected to move up. This is for your educational purpose only.
Adani Enterprises: Few warning signsA widening wedge in an uptrend is a problem in itself. Add to that the ingredient of RSI which is forming lower highs. Price action is forming higher highs. This divergence is a warning sign for a down fall.
Don't get me wrong, the trend is bullish but you need to be cautious with these signs.
Fresh entry to be considere in 1200-1300 range. Target 1700. Stoploss 1000
ADANIENTTrading in range if breaks will see good upside movement
not any recommendation
thank you..!
Adani ENT Positional Trade50% pullback expected from resistance above buy at 1515 levels as mentioned on chart
Simple market structure - Bullish Easy HH HL Structure. Understanding basic market structure under Dow Theory. In Dow Theory, an uptrend is defined primarily as successively higher peaks and troughs. A downtrend is defined as successively lower peaks and troughs.
Adani Enterprises-Breakout- Simple Price ActionAdani Enterprises has given breakout today in daily time frame.
Just be careful for next one hour if it gives green candle then can expect two targets-
T 1 - 1610
T 2 - 1670
buy at given levelsupertrend positive
RSI positive
MACD crossed
moving averages in support
flag pattern breakout
follow levels mentioned on chart
ADANIENT -daily
see chart
support at 1380
resistance 1580
will it take support ?
Educational purpose only.
This is not a recommendation - I am not SEBI registered - Do not TRADE/INVEST basis what I publish here.
Inspired by - Trading Mirror telugu
Adani Enterprises at good support zoneAdani Enterprises is a very good support zone. high probability that it may start a new journey to make a higher high.
ADANIENT - Short oppotunity as support zone broken after 4 triesAll info mentioned on chart.
Thanks
Piyush Gupta
Learn & Earn
#ADANIENT is consolidating for a good mov#ADANIENT is consolidating for a good mov. Now we have to wait for either side BO/BD for a good opportuinity
