Stock has been consolidating for more than 7 months, and is forming a buildup near ATH, it can give a very strong breakout from previous highs.
Stock is in my watchlist from a couple of months now, waiting for it to breakout xD
Cheers, thanks :)
ADANIENT facing resistance at all time high levels near 1760-1790. after knocking for many times now resistance may get weaker... Fibonacci also shows it is taking support at 23% retracement level, wait for closing above 1740-1760 then it may give good returns in short time...
It is ranging in 1760 to 1780 range and tried to break it multiple times, keep an eye this time.
It can give awesome returns but please follow the risk management and do own study.
This is just a small timeframe analysis so can be affected by market's direction, trade accordingly.
adanient is sitting on a conversion zone that means either it will take demand and move up and hit the targets which is having higher possibility,
or if the trade moves against us we'll have to give just a small stoploss.
Please LIKE, COMMENT and SHARE to...
I 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...
Hi Everyone,
Adani Enterprise (15 min chart), Bull flag formed. once it breakout and close above the flag, a bull run is possible.
Now price also near it's S1.
But wait for confirmation.
Note: kindly do your own analysis before making any trading decision.
Regards,
Ivy Venture,
Research Team.
Why this Trade..??
1. Broadening Triangle
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Buy Adani Ent above 1790. After trying several times for breaking this zone, it looks like the stock is ready to break the zone now. With a bullish market outlook, I strongly feel that this stock will give a breakout.
SHORT POSITIONAL ADANIENT WITH Sl 1735
Target 1630 & 1590
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
SHORT POSITIONAL ADANIENT WITH Sl 1735
Target 1630 & 1590
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Potential Opportunity as Swing Trade in NSE:ADANIENT and also predicting positive for long term investment.
Price touches multiple time at resistance, if its give break-out the trendline then we can predict bullish rally onwards.
SWING TRADE - RISK TO REWARD - 1:2
ENTRY - 1705
TARGET - 1871
STOP LOSS - 1622
This is for Educational Purpose only, please...
Do 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 such ideas!
AVOID THE CALL IF IT GAPS!
