Adani Ports - Important zonesKey highlights:
- Distribution cycle complete
- Range low will act as a supply
- Tapped into the weekly demand zone
- Need to wait for the structure to develop on the daily time frame
- Flip zone at 400-430
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
What traders are saying
what to expect from adaniportswell no doubt after the heidenbergs report there was a huge fall in adani stocks , so does that mean you should sell your entire stake in adani stocks
lets discuss
1) see it was an open secret that adani stocks were overvalued, a much needed retracement was required for building new position, this opportunity came in the form of heidenberg report
2) after this report almost all adani stocks are at 50% discount from its top, so what i want to say it may not fall further , obviously not it may.
than what to do with your open position.(these are only my views)
a)if you are early investor and bought adani stocks at reasonable price(price before the rally) and you have long term vision than stay invested and also dont see charts daily you will end up burning your blood seeing the portfolio going down
b)if you bought them with swing point of view and not exited yet than exit as soon as possible, dont expect an vertical upmove, you will end up loosing more, and dont convert it in longterm.
what else you can do
1)wait and watch- adani stocks are powerful stocks with mostly promoters holding(60-75%) so just because of one report with some allegations not proven facts the entire group will not going to collapse thus dont become the part unnecessary panic
2)make new positions- as per my opinion it is not the right time to make fresh buying position in adani stocks, let the market settle make some price action and if there is some sign of reversal than enter
am i biased in adani stocks
not in all but in adani ports
i did observed something interesting, although all the adani stocks closed at lower circuit but that did not happened to adaniports. even it took support from an important level as marked on the chart on weekly time frame. so it is possible that it may not fall further. also, during the day close there was higher high formation at 5min time frame. thus i am very much interested in this stock.
see, adani business is infra centric thus till the time india is focusing on its infrastructure adani's business is going to flourish.
these are only my views. share your views in comment section, would love to read them.
do boost this post so that it will reach more people
Adani port braking multiyear supportAdani ports below 650 is a nose dive as it has taken multiple supports multiple times from this zone this time looks like it will break the level of 650 also the adani grouo is affected by the news which is dragging all the stocks of adani groups .
It is a kind of multiple top pattern which is on the verge of breakdown.
short below 650 with a stoploss of 665
for the quick targets of targets of 640/600/550
Equiweight Adani Group IndexThe report comes close to ADANIENT FPO by a professional shorting agency. If this report doesn't contain any infamous, hitherto unknown, details about Adani, then the near term prospect may not be so grave barring, some vicious volatility.
PS: More TV interviews of Gautam Adani?
SWING SHORT TERM SELL CALL FOR ADANIPORTSSELL ADANIPORT BELOW 767 TGT 740-730-715. SL 785 after the break out of marked TL. Stock is forming a lower low on hourly charts.RSI also going below the 40 LEVEL. Stock is also trading below 200 as well as 50 EMA levels. Clearly weakness can be seen on charts. This is for your educational purpose only.
Adani Ports showing some negativity.Adani Ports has closed at a crucial level and the support zone around 775.
On the weekly charts, the stock has closed below 20 ema and near 61.8% Fibonnaci level.
There is a bearish moving average cross over on the daily time frame and has formed a gravestone doji.
3 points confirmation.
a. Bearish cross over (daily charts).
b. Close below 61.8% fib level.
c. Bearish RSI divergence (weekly chart).
Intraday and swing trades can be initiated once the stock start trading below 772 levels.
The stock can take a halt before cracking as the stock has formed 3 consecutive red candle on weekly charts.
Future traders can carry position of next month expiry.
Target :- 757, 723, 700(for positional trades)
Stop loss :- 800
An intraday entry can also be made once the stock touch 800 level and shows some rejection.
Wait for the price action near the price levels before entering the markets.
ADANIPORTS -- Entry only on ReversalMy own perception : NSE:ADANIPORTS
Currently on a downtrend and its Sell recommendation as per the majority of indicators and scripts.
Close is above Monthly 20 and Weekly 20 SMA, but the rest all are red.
As currently, the stock is on support level - either to reverse or breakdown further --
Based on the possible Harmonic pattern - in case of reversal above 808, can consider entry to the upside and possible first target 868.
This is a risky trade.
Also based on RSI - Daily RSI < Weekly < Monthly and all are going in the south direction.
Also from Futures perspective, currently trading below the Previous and current series VWAPS.
Incase of reversal - we should be able to see a strong upside on 800 CE levels.
Add to watchlist.
LONG ON ADANI PORTSLong on adani ports. Please follow the levls as mentioned/marked in the charts. Long on adani ports. Long on adani ports. Please follow the levls as mentioned/marked in the charts. Long on adani ports. Long on adani ports. Please follow the levls as mentioned/marked in the charts. Long on adani ports.
AdaniPorts: Views : BearishNSE:ADANIPORTS
Technically : it's in downtrend in proper 1D timeframe.
It entered into the downtrend on 22nd Dec'22 red candle and yet into that red candle consolidation zone (similar like #RELIANCE).
The solid support is at 780 level.
In upside, 850 is the major resistance . Above that 880/900 possible.
Right now, if one wants to invest , can buy around 780-790 level. But you need to have patience.
Fundamentally : this is the sole share in Adani bucket which seems fundamentally strong also.
adani port elliot wave analysisadani port daily chart analysis
1 adani port daily chart analysis new wave start 20 june 2022 and continue upside . internal wave of new wave count (1,2,3,4,5)
Wave (1) start 20 june 2022 this time price of adani port is 203 and end this wave 6 july 2020 price 366
Wave (2) start 6 july 2020 price 366 end this wave 5 april price 885
Wave (3) start 5 april price 885end this wave 20 july 2022 price 655
Wave (4) start 20 july 2022 price 655 end this wave 19 sep 2022 price 987
Wave (5) start 11 23 dec 2022 price 2091
this stock internal sub wave 1,2,3,4,5 complete daily chart and 2 or 4 trend break and pattern confrim downside
ADANI PORT --LOWER CHANNEL BREAKOUTADANI PORT --HOURLY CHART SETUP --LOWER CHANNEL BREAKOUT
1, Adani port seen lower channel breakout on hourly chart last hourly candle .
2. Pullback seen around 785-790 sub level trendline breakout above 805 level
3. One can initiate Buy 810-820 range for positional target 830-850-880 stop loss bellow 780 level
4. Trading above 44 HMA on hourly chart .
5. RSI above wma .
THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk ,!!
HAPPY TRADING ,!
[Intraday] AdaniPorts Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Observing the range in Adani PortsHi Readers,
The time-frame chosen for this analysis is weekly because it erases a lot of noise from the chart and helps us understand the structure and the sensitivity of the patterns better.
The candles have been neutralised as well to help us analyse the script better as it equates everything to a single unit.
The script AdaniPorts has been inside a range for 1.5 Years and seems to be inside the same range for few more weeks before finding its trajectory. But what's more interesting is there seems to be another mini range inside the big range (Volatility and High volumes generally tend to make the stock range bound). There is a lot of Accumulation and Distribution which happens within the range. In simpler words the money moves from the one hand to another over a long period of time and either breakout or breakdown.
In the case of Adani Ports, there has been an attempt made to breakout in the week of 12th Sept which was captured by the bears within next week which indicates they have a strong hand within the range and bulls are finding it hard to break it through the middle trendline(MT) as well. Currently, we are resting on the MT and a move downwards could take us to the Bottom Trendline(BT).
Any move upwards should be witnessed cautiously as the probability of bears trapping the bulls could be high. We will get a good confirmation on either sides for a genuine breakout/breakdown.
For now the stock is added to our observatory list for further analysis.
READY FOR BIG MOVE (ADANI PORTS)Stock is consolidating in the zone from last 1 month.
CMP : 884
Entry for Buyside : Above 920
Entry For Sellside : Below 865
We can expect a good move on either side when this stock will give breakout of this zone.
Note : This is my personal analysis, this is not a buy or sell call.
Adani Port Cmp 856 dated 22-12-2022 Trendline Break downAdani Port Cmp 856 dated 22-12-2022
1. Trendline & Channel breakdown below 845
Sell below 845 for target 825-805-795 SL 870
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Adaniports Long Build up!!Hey, Guys
NSE:ADANIPORTS
Adaniports is a long after falling Aggressively, It came up the very next day showing that the move was fake and came just to throw out the retailers.
One can build longs as per their Risk appetite or Build Position Via Hedging (Debit Spread).
Build Position Only After a good closing for the Day.
One Can take the Target Of 975, Risk reward ratio (R:R 1:3)
SL:- Previous Trading Session low






















