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.
ADANIENT trade ideas
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.
'ADANIENT' Weekly Wave Counts'ADANIENT' as per Elliott Wave theory will possibly going to make a 1000% move to the upside.
The 5th wave is pending.
The full impulse of 'ADANIENT' is pending. But where are we now?
We are in the 4th correction which I expect to be sharp to the level of somewhere near to 500 as wave 2 was a flat correction.
Trade with your defined risk. The trade psychology is more important to play the trade as compare to analysis.
Regards.
ADANI 50% retracing Completed ADANI had comp9leted it's 50 % retracement . 9 DSMA is also placed at 50 % retracement level. Also it had broken 20 DEMA support. News about adani inquiry in US also support short.
Price to book value is 6 times pe is 81 times. At this high valuation and where inquiry pending against company makes it vurnable to price correction.
adanient buy ideait is difficult to think about this share as it has shown unbelievable trends. However a possible scenario is coming to the mind and last two months are positive stock has rallied just before expiry last month also. And it will be a rocket speed fly ...
I need you to comment on this friends as a holiday gossip.
ADANI ENT - FLAG CHANNEL📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Flag Channel
📌 Symbol/Asset: Adani Ent
🔍 Description:
Now time to resume uptrend after good consolidation
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
AdaniEnt showing a formation of Flag PatternAdani Enterprises is showing a Flag Pattern formation on daily/ hourly charts. Such setups take time to materialise. But, when they do complete and the price breakout sustains, targets are really sweet!
Flag Pattern - targets are usually the width of the flag followed by the length of the pole. SL post breakout is the lower end of the flag. At the current stage, the prices are yet to give an entry signal.
PS: Adani Ent is a VERY HIGH-RISK scrip, please be extremely vigilant while trading in this scrip.
ADANI ENT | SIMPLE OUTLOOKHi,
Lets look upon things simply, and analyse the chart..
isn't is a bigger time frame move already started... looks likely and so I am putting up some view on this chart..
its a self explanatory chart and lets see if it achieves our targets or not ..
*for educational purpose only .. trade at your own risk !!
like this post and DM for any healthy discussion..
