ADANIGREEN trade ideas
ADANI GREEN - Ready to Fly again?Fundamentals here take the backseat with a sky rocketing PE ratio.
Technically, the price is right at the 61.8% retracement base.
Bullish Hidden Divergence Spotted.
This tells me the stock will take the turn but let us wait and watch.
No Targets for such stocks - StopLoss based on risk appetite is Mandatory and #Ridethetrend
Adani Green is done with the move. Solid weakness developed in the stock and looks to be breaking one support after the other.
I would not recommend taking a trade but this is a recommendation to book your profits. Don't keep holding. Book profits for now. I see a lot of weakness.
Like and follow.
NSE:ADANIGREEN
CAUTION!!! Do not Jump on dip. High Volume!Adani Green has given a tremendous return and it has very less free float in the market. Mostly it hit circuits and there has been an increase in volume of 45M on a particular day. Since the stock is so high that I am assuming that strong hands have exited. KINDLY DO YOUR OWN DILIGIENCE.
Adani Green is a buy every day, every week, every month!One of the principles of technical analysis is "ride the momentum". This stock has been in such a massive uptrend. This is a stock for both investors as well as traders.
Ride the wave guys :)
NSE:ADANIGREEN
Like and follow :)
Adani green also known as the stock which gives "false signals".hello traders,
this stock has given many false signals and it will continue to give false signals but don't be scared of it hold your trades.
because this stock is giving continuous uptrend and will not stop.Just gives false signals to scare investors and force to exit them.
and what are the false signals in this stock?
false signals are those who show trend change but the trend doesn't changes.instead it totally reverses.
this stock is a circuit stock which hits upper circuits everyday and just rises in pre-market.
but the false signals remove the stock from the circuit and drags it downwards for some time.
this scares traders and investors and force them to exit from it.after some days.the stock totally reverses and goes to the upside.
this stock doesn't even respects the technicals.the stock never made any pattern or harmonic as it's rising to the upside with circuits.
there is only 1 strategy that works in this stock.that's this which I gave.don't fear in this stock.it gives false signals.and traders and investors
who haven't bought this yet still have a chance when this stock gives false signals.have a long side on this and hold the stock.
Thanks,
Aniket.
Adani Green flying on hope ??????The company has a Current PE ratio of above 400 !!!! and price to book value of over 70 !!!!! 2020 is the first year it is actually showing profit on the financial statements, until 2019 this company was not making money. It's debt to asset ratio was a whopping 95% in 2019, with increasing liablities.
I am not saying that the company has no hope, maybe now it will start to become a profitable company, but past 10 year perfomance says a different story.
Disclaimer : This analysis is being put for educational and entertainment purposes only, any trade or positions taken on basis of this analysis is to be based on your analysis and thinking.
GUYS PLEASE LIKE AND FOLLOW IF YOU AGREE OR YOU THINK THIS COULD WORK, ALSO CRITICS AND OPINIONS ARE ALSO FREE TO COME.
On resistanceI expect the stock to consolidate around 675 for some time before gathering further steam.
BUY Adani Green when it will reach support levelThe stock has reached Resistance level.
if you are a short period trader(1-2 weeks) sell the stock and again buy at support and keep earning profit
for long term investors those who want to invest here,buy at the mentioned support level
for long term investors who already invested here, The Stock's support and resistance are rising so it's in uptrend,so hold the stock.
sell the stock when the support and resistance levels start to fall which indicate downtrend.
when the stock's support and resistance levels rise again, buy the stock there.
keep it going and earn profits💰💰💰🤑
ADANI GREEN : BEWARE OF 5TH WAVE COMPLETIONAfter giving a retracement from the level of 588 stock has corrected to 50% of it previous wave & resumed its journey as a 5th wave. One should be careful in the zone of 600 as there is a completion of 5 waves & we can see a sharp correction on a larger degree.
Adani Green Bullish Target 600Rounding Bottom Breakout
Can be bought at CMP levels or if price retraces
SL 487
Target 600
'Alert' For Adani Green All the moving averages and EMA's are equal,
but why the chaikin oscillator, the most accurate divergence oscillator in market,
is show 'strong sell'?????
As you can see in the chart,the price is rising, and Ema's are also showing buy signals,
but why the Chaikin showed a sudden down movement?
the money flow Indicator is also overbought and showing sell signals.
I think the stock will soon show a trend reversal.
like this if you think this helpful
if you know the answer about the trend reversal please type in the comments below.
thank you.....
TGT hit. see yourselfguys in my last idea I told that a reversal will come in adani green
my stoploss of 425 also hitted and TGT of 470 also hitted
donate me and follow me if you buyed this and got profit.
if you didn't buy this like it share it follow me and comment on this.
thank you.
see Yourself 'the target achieved'See my last Idea I told you guys to buy adani green at 425 and target of 470
my stoploss of 425 also achieved and my target of 470 also.
donate me if you got profit
if you didn't buy this like share follow and comment.
thank you.
