Adani green looks good as positional. Once out from Congestion zone, it will take upside per marked arrow. First tgt is yellow line.
Investor type stuff , so add on dips. Divide capital accordingly.
Disclosure: This is in my portfolio.
Bullish Rising Wedge Breakout Setup
RSI near 70 and rising
Trading above EMA50
Volume increasing
Possible levels 2205>>>2450>>>2585
SL 1730
Disc: for study, not a recommendation
Its a GUN SETUP :D
Amazing chart formations in all Adani Stocks. I will try to analyse each one of the stocks.
Enter around 1800
Stop below 1650
Target is mentioned in chart. However, I feel it is time to bet on Green Energy for next 5-10 years and expect 10x, 100x returns.
NSE:ADANIGREEN
cmp 1864
target all time high and beyond
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my...
1.5 yrs TL running since Apr'22 have been broken today with good volume (blue)
Mid term horizontal resistance also intersect at same level 1200 (red)
For educational purposes only.
Not a buy/sell recommendation.
Thanks
Piyush Gupta
Learn & Earn
NSE:ADANIGREEN Adani GREEN or RED ?
Ignore if huge gap down or gap up.
Follow strict stop loss.
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
In the Weekly Chart of ADANIGREEN ,
we can see that, after the Cup & Handle failure,
it is near the Resistance and in same range since 7 weeks.
Also, 2 hammer candles have formed.
Enter on breaking Current candle's high with Low as SL.
once you enter, hold till upper target of 1700.
NSE:ADANIGREEN had formed ad Symmetrical Triangle Pattern in last few session. It has now broke down from the symmetrical triangle and may go down further from here. Next support levels on charts are 818 and 770. Breaking these levels may see the 440 levels.
ADANI Green after exactly 2 month consolidation gave a breakout by forming a Gap. Then took 1 week to fill that gap. Now will probably head for upmove again.
Entry at closing price of 1092.6
Risk Reward= 1:1
SL, Target drawn on chart.
Reason for long
a) consolidation breakout
b) QQE support
c) volume and price spurt
d) super trend long signal
e) weekly and monthly breakout
SL compulsory
There is Parabolic support in the stock and a resistance at the top. The stock has consolidated in this region from a time now.
We can see a upside move in this one, trade with low capital as this is a news based stock and there is Hindunberg report effect also in this stock.
So be cautious. Risk takers can go ahead Long !
BUY - ADANI GREEN ENERGY
CMP- Rs. 960
Target - 1: Rs. 1330
Target - 2: Rs. 1720
Target - 3: Rs. 2070
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Technicals - Trendline with Focused Supply Demand Zone
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This is just a view by an expert analyst, please invest at your own risk.
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#Adanigreen 'daily timeframe'
forming a corrective pattern 'ABC' with triangle in Wave B. So, expecting Wave C to be at least 0.618 of Wave A at 1650 which is almost 45% move from here.
Trade at your own risk.
Thanks.
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
