Adani Ent consolidationAdani Ent is consolidating in a triangle pattern absorbing selling from the previous swing high, can breakout from here. Also bouncing from the demand zone as marked in the chart
ADANIENT trade ideas
ADANIENT SHORT-TERM SWING TRADE!Hi everyone, Adani Enterprises short-term swingtrade consider buy above above 1,720 target 1,785 stoploss 1,690.
LOGIC BEHIND TRADE : Stock recently given breakout of it`s all time high & price strucutre gives buying oppourtinity breakout of W pattern, target identified from harmonic xabcd pattern level 1.131 and stoploss identified from ATR indicator value 33 points. NSE:ADANIENT
Adani Ent Breakout of support and successfull retestAdani Ent Breakout of support. Looks Good for the upside buy. RR 1:1.5
ADANI Enterprises Short CMP 1704 Target 1690- 1930- 1580- 1530+ADANI Enterprises Short CMP 1704
Target 1690- 1930- 1580- 1530+
Divergence in ADANIENTI just want to watch it, might enter after a good green 1HR candle closes above 1696
SL 1639
TARGET1- 1744
Adanient ShortI hope you can now see how Adanient represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
ADANI ENTERPRISESThe stock can be bought when weekly candle closes strongly above the 1W TF chart pattern. Stop loss can be placed below the last swing low.
ADANI ENTERPRISEADANI ENTERPRISE -WEEKLY
positional view
1) 25 week long cup base formation consolidation.
2) there were 2 tight close
3) price ranking at 85
4) EPS Strength - 90
confirmation of entry will be above current week high ( till to be form )
more levals i will update later
-- Hitesh K.
ADANIENTDo initiate trade based on 5min candle close!
Levels mentioned on chart.
Trade at your own risk!
Thumb's up if you like the idea and do follow for more ideas!
LONG : Adani Ent.............. educational purpose onlyA very good range breakout and retest have been seen in adani ent daily chart...... we buy on restest .......
Trading with the 3M frameworkOne trade cannot make you rich, therefore it is important to not run behind every breakout trade and risk too much on a single trade.
By working equaly on all the 3Ms of trading we can balance our emtions and trade effectively.
Let's see how with the help of 3M framework we can trade above range breakout pattern.
1- Method Management
Simple range breakout
Price has respected the upper and lower trend lines multiple times which makes it a valid trend line. Now after the price breakout, the upper trendline which was previously acting as resistance will now act as support.
We can place the stop loss just below the upper trendline.
Exit immediately if the price fails to respect the upper trendline, do not hold the losing trade
2-Risk management:
Risk only 2% of your trading capital
Enter 30% of your position at CMP and if trades goes in our favor then execute your remaining 70% position.
Be patient. Don't bet too soon .
The point of entering with 30% position is if the trade goes wrong then our loss will be only on a 30% position.
The whole idea is to lose less money when you are wrong and to win more money when you are right
3-Mind managment:
Note= Trade with probabilistic mindset , no matter how much analysis you do there is always 50-50% chance.
Our main objective is to ' 'Cut your losses short and let your profits run.''
To be profitable you don’t have to be right every time, you just have to be right big and wrong small.
Remember that the trade we are taking is just 1 of the next 1000 trades we are going to trade. We should not get so much emotionally attached to it that we end up losing our sleep if it doesn’t go according to the plan. By minimizing the importance of that one particular trade, we can really trade with ease and would be in a better situation to take sound decisions.
Note= Get in the habit of focusing on your trading system and following the process for entries, exits, and position size, rather than the money you are making or losing at any particular moment
Adani Enterprises - Channel Breakout or ReversalNSE:ADANIENT is set all time high just 2 points above previous high.
Now trading at resistance zone.
It could give a blast above 1720 or it will give some fall and continue to travel in the channel.
Wait for the direction confirmation.
Flag pattern BO.Huge upside rally was halted because of the news. Now gaining momentum again.
Strict SL at 1380, which is the flag pattern breakout.
Target1 at 2300 and Target 2 at 2900.
Good RR ratio for short term.
Do you own DD.
Thank you.
Adanient Reasons are mentioned.
Watch the Price action.
SL will be of 50-60 points, Target should be 100, but keep trailing.
Wait for Range breakoutKeep this stock in radar. running in range in weekly timeframe. also watch what i said on my charts always trade with plan and risk management. good luck :)
Adani Enterprise is ready to touch the skyLooks like the stock is inviting buyers. It might be a good journey if it gives any follow up buying.
Do your due diligence.
Keep earning! Keep learning!
adani ent which road it going to follow??reviewweekly chart ..
after making a good move of 500 months back
and retracing back
now consolidating in that range .
which road it going to follow..
will observe ..
no view
Long Adani EnterpriseLong Adani enterprise above 1570 TGT 1615-1650 SL 1525. Entry has to be taken after the BO of the resistance area as well as marked TL. RSI is above 60 level & expected to move up. This is for your educational purpose only.
