ADANIENT trade ideas
[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
Adani ent good long candidateAdani spot cmp 1400
symmetrical triangle pattern breakout done,, macd bullish crossover and rsi have given breakout from falling trend line,,
counter can give 10-15% up move from current levels
Good long candidate
ADANI ENT LONG ONCE AGAIN ADANI ENT COME NEAR THE DEMAND ZONE
TREND LINE BULLISH CANDLE CLOSE THAN MORE CONFIRMATION
Sell Adani Enterprises, Multiple ConfirmationsDescending Pattern formed in daily chart of Adani Enterprises.
Price breakdown below 50 EMA.
MACD gives bearish signal.
Trend Reversal could occur.
And after all,Market is in negative note.
Target 1238
ADANIENT can give a good move either wayA descending triangle pattern formation after the uptrend.
It may give a breakout as the volume are also decreasing. But as markets are negative now a days sellers can also dominate the market.
Keep tracking!
Keep learning! Keep earning! Keep supporting!
Adani Enterprise - 25% upmove possibleAdani Ent is in a convincing triangle pattern
Expect 25% upmove in the coming days
Target can be 1700
SL according to your risk appetite. Anywhere below the base of the triangle
Happy Trading!
Regards,
Segan
REMEMBER "GRAVITY CALLING"? CALLING AGAIN.After giving some 120 points/lot since my last suggestion,it is preparing for its next BIG BUNGEE JUMP. SALE <1390/ SL>1415/TGT-HARD LANDING.Ha Ha Ha.
CAUTION:Bungee jumping is an adventure sport-not for unskilled or weak hearted. TAKE SAFETY MEASURES as per your choice as I am not authorised to provide that.
