ADANIENT trade ideas
ADANI ENTERPRISES ANALYSIS 16.09.2020IT IS IN SIDE WAY MARKET.SO WAIT FOR CONFORMATION
ONCE IF IT BREAK 303 AND CLOSE DAY CANDLE ABOVE 303 MEAN NEXT TARGET UP TO 335 TO 336.
SO WAIT FOR CONFORMATION .
Adani Enterprises, watch for breakingAdani Enterprises, may break the trend line and give a good movement
ADANIENT (Consolidation in Uptrend) Rectangle Channel BreakoutAdani Enterprises Ltd ( NSE:ADANIENT ) is continuously Consolidating in a range. This can become a very good trade for intraday traders.
Chart Published By Ravinder Sharma
Adani Enterprise Analysis!Mixed bias on this stock. Previous rally ended with a candle with a huge wick, which suggests that supply has entered the stock and can drive prices lower. But the overall price and volume situation inside the range suggests that the stock is looking bullish and might just be in a consolidation phase and might continue with the previous momentum and rally even higher. Price has currently taken support at the 50%-61.8% Fibonacci retracement levels and has shown many tails near the zone.Even though this is a bullish sign, price needs volume to support the bullish sentiment. Additionally, price needs to move with momentum in order to prove that bulls are present in the stock. Price has touched the Fibonacci zone many times but has returned back to it twice, suggesting that buyers are exhausted and might not be able to push the prices higher. This confusion can be ended with a strong breakout on either side of the range, to confirm and prove either one of the bias right. Patience is important and will need to wait and watch how price progresses with volume.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
AdaniEntr for this seriesOne can buy this for the tgt mentioned in the chat.there would be possiblity it would reach 450..500 lvls in coming days.its shown an strong pattern and its on an bull run for this stock.
Pennant in Adani EnterprisePennant...!
With Classic reducing volume
Buy with Close above 300
Target 360
SL 275
ADANI ENTERPRISES MAY FALL TO 222 LEVELS SOONERADANI ENTERPRISES MAY FALL TO 222 LEVELS SOONER
ENTRYLEVELS:308-325
STOPLOSS:333
ADANI ENT MONTHLY INCOME TRADE LONGRBR PATTERN FOR LONG. MAY TAKE LONGER TIME FOR PRICE TO COME BACK TO THE ZONE. FOR EDU PURPOSE ONLY
Adani Short Idea - PostionalShort if the previous candle high is broken with sl of previous day high
#Adanient cash : Looks good around 230-234 #Adanient cash -Positional for 2-3 days
19.08.2020
Buy any dips around 230-234
stoploss 218
tgt 255-260
Cmp 239.50
