THE IDEA FOR ADANI ENTERPRISESSome profit booking than consolidate 90% probability to go upside good for long view and swing trading
ADANIENT trade ideas
#Adanient cash : Strong sup 2450-2485#Adanient cash -Positional levels
23.08.2023
Strong support at 2450-2485
If holds this support then might bounce
Cmp 2537
Adani Enterprise - Symmetrical Triangle Breakout OpportunityDate : 21-Aug-2023
Rating : Buy
LTP : Rs. 2639.75
Target: Rs. 2760-->3110-->3880
SL : 2420
Exit Plan : Follow the 7/13/26 DEMA cross down on closing price basis.
NSE:ADANIENT has given a break out from a symmetrical pattern that has been formed during last few sessions. This break out has been supported by the increase volume, MACD cross over and RSI is showing strength. Expecting it to move up from here on.
Disclaimer: I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
Education price action analysis - AELPrice is coming out of resistance...
let's see how it behave on weekly chart...
Entry above 2680 on closing basis
SL 2400
T1 2760
T2 3073
Add ADANIENT to Watchlist --forming bullish flag pattern
--wait for the breakout to buy
--support line is given in graph
--not SEBI registered
--kindly invest on your own risk
ADANI ENTstock form higher high with higher lows. Stock take support from trendline. target 20%+ return
Symmetrical Triangle Example using Adani EnterpriseNSE:ADANIENT has created a symmetrical triangle on the chart. Most of the time symmetrical triangle is created when stock is moving side ways (neither moving in up trend nor in down trend). Stock can move to any direction once it comes out of triangle hence it requires caution before placing trade. If stock breaks out (on upper side) than we may see up trend from that point. If stock breaks down (on lower side) than we may see down trend from that point.
Adani LevelsADANIENT
Daily Time frame Structure is week...
May be because of news and all ..
On Crucial levels...
If on 16/8/23
Gap Down and falls then can break 2440/2396 levels , Target Till 2172 in coming weeks ..
If on 16/8/23
Flat for gap up and sustain above 2466 and consolidates here then uptrend will continue 2518 make or break level and achieve 2771 in coming weeks...
Follow Gyan rule and risk management
* Just sharing levels for education purpose only
* Not a SBI Registered person
* Contact your financial advisor before investing/ trading
adani setuphello
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Adani Break OutAdani Enterprises CMP: 4165
SL: 3930
Target: 4390 (as per Daily TF - VCP)
5300 (As per Weekly TF - Flag & Pole) - This is difficult but u never know with Adani Stocks. If we get 1:1 then trailing as per hourly swing pivots would be good.
RR: 1:1 (for target 4390)
4.86:1 (For target 5300)
Reason:
1 - RS is rising
2 - RSI is trending
3 - Good Volume on Break Out
4 - Above all moving averages on Daily and Weekly
5 - Break out of VCP( On Daily)
6 - Break Out of Flag & Pole ( On Weekly)
Disclaimer: The buy and sell recommendations provided in this report are for informational purposes only and do not constitute financial advice. The information contained in this report has been obtained from sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. Any opinions expressed in this report are subject to change without notice.
Trading stocks involves substantial risk, including the loss of all or a portion of your investment. Before making any investment decisions, you should carefully consider your financial objectives, risk tolerance, and financial situation, and consult with a financial advisor if necessary.
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BUY ADANIENTLOOKS GOOD ADANIENT IN THIS ZONE
BUY 2500CE OR FUT
If it sustain in this zone will see good breakout
Adani Enterprises to reach 3000?Weekly Timeframe is bullish
Daily Timeframe has tested daily demand zone
It is ready for bullish momentum on the upside
ADANIENT - Weekly AnalysisIn the Weekly Chart of ADANIENT ,
we can see that; it is halting at 2600 levels.
If it breaks, we might see a Cup and Handle breakout.
Possible momentums are shown in chart.
LongGood start in Q1
BUY at CMP
1st Target - 2737
2nd Target- 2984
Refer to my previous Call on Adani enterprises
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
Be alert My analysis says Adani ENT will come to marked area , so stay alert if you are a swing trader ..
Adani Enterprise Cmp 2424 Flag PatternAdani Enterprise Cmp 2424 dated 19-7-2023
1. Flag Pattern Bo above 2450
Buy above 2450 tgt 2500-2550-2600-2650-2700-
2750 SL 2350
It is just a view, pls trade at your own risk.
ADANIENT | 13-50% Targets | Short termAll information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
Adani Enterprises - BearishAdani Ent looking Bearish on a 4H TF based on Order Flow strategy.
I will look for sells near 2491 with a SL of Rs 100 above and target 2162 level and below based on the trend and BOS below it.
Also, i can see some strong bullish momentum from 1483 levels if market is going technically based on the order flow.
Also, above near 3647 we have a strong supply zone (50% zone of the order flow) where i see price can test before falling down back and test 1000 levels in the future depending on the market structure forming on a Higher TF.
