Wait for trend reversal. Educational purposes only. Long term good stock.
Since this is a complete waterfall, it is yet hard to say if the stock is correcting or if it's going to remain bearish only. Seeing the fundamentals and the energy around the stock, it is unlikely that it will pickup any time soon. As per technicals, this is a complete bullish cycle completed. This is based on the Elliott wave theory.
ADANITRANS long term investment buy around 1100 tp 1500/ 1870 / 2000
Adani Transmission looks weak like other Adani Group stocks. It has however started forming a doji and dojis can be a sign of reversal. We will have to see whether this stock can reverse or not. If it doesn't then it is best to stay out. If reversal comes in the next week then one can look to accumulate.
Key highlights: - Structural low intact - Tapped into the weekly demand zone - Important flip zone near 1460-1650 - HTF structure is bullish Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India),...
Buy Adani Trans. @ 2015. Target Short Term - 2095. (1-2 Weeks). Major Support at 1950. These comments are only for educational purpose....please consult a Financial Advisor before Investing.
Adani Transmission Give weekly breakdown and close below that.
ADANITRANS big upside till 3018 Crossed above the recent range with strength
An evening star is a candlestick pattern used by technical analysts to predict future price reversals to the downside. Although it is rare, the evening star pattern is considered by traders to be a reliable technical indicator. The evening star is the opposite of the morning star pattern. The two are bearish and bullish indicators, respectively. Script = Adani...
today 3 of our stock outperformed nifty and i recommended one stock for tomorrow
CMP: 3349 - Bounced from the 50% Fibo level - Negated the big red candle of 25 Oct and closed above it - Next levels to watch are 3420, 3600
Hi, I personally look for following scenarios while identifying potential tops and bottoms and it works most of the times. For tops: High volume bars with very little progress on the upside Exceptionally wide bars with very high volume For bottoms: High volume bars with little progress on the downside Exceptionally wide bars with very high volume This...
adani transmission .... 1 - forming inverted h&s 1hr time 2 - trading above 100 ma good support 3 - good volume 4 - good rsi 64 momentum buy day high wi sl @ 3182 t1 @ 3350 (intraday) t2 @ 3400 (intraday) t3 @ 3500 (positional)
The idea is based on the Elliott Wave Theory. A potential ending diagonal suggests a reversal of the trend. In this case, we can see some more upside near to 4500 level, followed by a bearish correction/impulse.
BEAR signal can give a good movement downside Trend line acting as a good resistance
NSE:ADANITRANS Clearly uptrending chart with all time high breakout
Adani Trans : Ready for another set of rally . Breaking out on medium term time frame ... Stock cud kiss 4400 , stop : 2500
adani trans big breakout is coming all of you guys must buy any of qty irrespective of no. like 1 2 3 4 5 6 7 adani is going to be money printer this week please not that this is adani transmission not adani enterprises thank you