Adani enterprise for intradayAs we can see the stock is under consolidation ahead of its results. So a candle closing above this resistance can give good trade for intraday on the long side.
ADANIENT trade ideas
ADANI ENTERPRISED Buying PressureInverted Head & Shoulder Pattern formation...
Breakout in daily timeframe...
Impulse move may happen till inverted head & shoulder target line
Buy ADANIENTGood chart setup
MACD crossover
Breakout if stock goes above 1450
Buy - 1435-1450
Add more if it goes above 1450
Target 1 = 1700
Target 2 = 1800
Stop - 1199
Adani Enterprises Adani Enterprises is about to break out triangle pattern. Enter after the price crosses first resistance.
Conservative LongScript is under pressure from news cycle, could bounce to resistance before any trend choice.
Adani Enterprise is looking good for a big moveAfter a profit booking and consolidation, Adani Enterprise is looking good for swing trade. It also shows a narrow value area which usually suggests a trending session. So look out for it.
Comment down your thoughts.
[Turtle] AdaniEnt 1300PEShorting 1300PE. If it breaks our stop loss line, I will sell 1400CE.
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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Long Adani enterprisesLong Adani above 1425 TGT 1540 - 1660 SL 1385 . Entry taken after the BO of TL. Good risk to reward trade. This is for your educational purpose only.
ADANIENT - WatchList for intradayWatchout for intraday
Disclaimer: Before trading do your own analysis. This is my own view, not a suggestion/recommendation.
Double bottom is formed in Adani in 195minute Double bottom is formed at 1385 high chance of break 1457 if broken then the target is 1527.
ADANI ENTERPRISES | TRADE SETUP 26-07-2021NSE:ADANIENT
On , 22-07-2021, It has broken the trendline with good volume and on 23-07-2021 tested that trendline and made a reversal.
But it closed near to the critical rage of 1400.
Good Long/Buy trade will be only above 1440. And good & safe long/buy trade will be only above 1450 level. Target for long/buy trade are mentioned in the chart.
Any dip above 1360 will be an buying opportunity.
Once it breaks the level of 1330 then it will be good short/sell trade opportunity.
Hope my ideas are helping you to understand the trade setup, price action and levels.
Do comments if you have any doubt/suggestion.
Adani Ent. Descending triangle patternProbable Scenario - Correction - That might break the support level of the descending triangle.
Alternative Scenario - Another hit to previous high - After that consolidation over a long period
ADANIENT | Triangle breakout looks good for 12-15%ADANIENT | Triangle breakout looks good for 12-15%
CMP : 1416 (Dip : 1370)
SL : 1300
Target : 1580, 1680
1:2.5+ risk reward setup
AdaniEnt - Descending Triangle BreakoutAdani enterprises breakout in Daily TF from a Triangle pattern. All levels are mentioned on the chart.
My View ON AdanientAdanient gave trendline breakout.It should hit 1430-1440-1455++
we will use TSL in profit
