ADANIGREEN trade ideas
its is going upgreen is flying but it has a small pull back it would be worth buying if it breaks the triangle resistance it could go upto the channel resistance
buy above 289 target could be 295
SL at 284.55
happy trade
What's your thoughts guys More than 100% return in jut 2 months, One side move in this volatile market.
Now it has given closing above last high and trading at lifetime high.
Whats next.??
SHORT ON ADANI GREEN ENERGY(NSE)This analysis is only for educational purposes, Invest at your own risk!
ADANI GREEN ENERGY is close to its 52 week high with a gap of 5.95%
The volume suggests that the rise in price is coming to an end and a downfall is near.
Hence getting into a short position at around 230-220 INR will prove to be profitable.
Traders should place their stop losses just 5-10 points above the resistance line or according to their risk taking capability.
The volume should be monitored at all times to see if the trade is going in our way.
Any kind of criticism is highly appreciated !
CHEERS!
Adani Green Energy Ltd. - AnalysisAdani Green Energy Ltd. closed above the resistance level.
Technical indicators are bullish.
Nearby resistance is swing high 243 & support is 206 on the Daily chart.
Adani Green Analysiscurrently price are consolidating with a rage. prediction, if the price crosses 238 level which is acting as resistance then there is great value in the future.
Also RSI and MACD are in favour.
best is to wait for a buy signal to know the price action or going long is best
*A rookie trying to master stock analysis
you are welcome to support or share your knowledge*
Thank You.
ADANIGREEN EODA 07 April 2020RSI on the Rise
Price above 8/21/50/65/100/150/200 EMA
But Volumes are low
CRS rising.
showing buying on daily chartafter budget it performance go up due to green energy should be increasing.
trend shows positive sign.
ADANI GREEN ENERGY Looks good for up side (Cmp-92.70)Looks good for up side (Cmp-92.70)
Range 93 to 88
Support 73
Up Side will see 4-fig
SHORT TERM PICK: 50%-70% in 3-4 MonthsSHORT TERM PICK: 50%-70% in 3-4 Months: This looks promising above the box. Enter around 94 and above on few daily closing. But if it traces back to 74 that would be great level to enter again.
BUY: Adani Green (only if system gives a BUY signal)Systematic Mechanical Trading Just reacting to the symbols as they come.
The system starts with appearance of blue dots at the bottom of the chart. These blue dots signifies the setup in making. At the same time, it tells you what trade to take and at what price. If the next set of conditions are met, the system gives you trade signal in the form of a box, with stop loss mentioned therein.
The system will show an Exit signal if any of the below-mentioned event happens first:
a) If Stop Loss is hit (as per user's acceptance level); or
b) If desired profit level is achieved (again as per user. I prefer 7-10% for Longs and 5% for Shorts for partial exit. Rest, I trail); or
c) If system exit conditions are met.
