ADANIGREEN trade ideas
ADANIGREENNSE:ADANIGREEN
Risk Reward is good !
Wait for 1 Hour close on the Trendline.
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Adani Green Adani Green is currently trading at a favorable support level of 500. It is expected that the stock price may reverse from this level, indicating a potential buying opportunity. Investors may consider buying at the current level and add more on any further dips until it reaches 300.
The target for the stock price is projected to be around 700-800-1000.
Investors who are willing to take a calculated risk and hold the stock for a reasonable period of time may consider buying it at current levels and on dips.
$ADANIGREEN- capitulation pending? 874 DEVIATE BELOW SWEEP LIQUIDITY AND BOUNCE LIKE A DEAD KITTY
imo ..
bitcoin at resistance recon we get our pull back here with the dixie deviating above 103.2 and back down to hades.
just charting this out of curiosity lets see how it plays out loose red line and lots of room to nuke further so short with invalidation above 874 or long once 874 reclaimed with invalidation below that
looking for 14800-15200 in the NIFTY hopefully Adani helps fill my bag's which would be a short term hold till 20-21000
flipping 18200 would invalidate this and recon we get the pullback mid march
ADANIGREEN
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
This stock has consolidated a lot ! Just wait for either SIDE BO or Breakdown!
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Adani Green bullishAdani green has made double bottom formation in daily time frame at major support with bollinger band support with high volume.
Hourly price is challanged upper bollinger band with trendline breakout with massive volume with EMA crossover. Hourly 5 wave structure has completed and started new impulse.
Daily MACD uptick with bullish divergence.
Daily RSI bullish divergence
Daily stochastic bullish divergence in oversold zone
Hourly RSI is in momentum
Hourly ADX is strong
ADANIGREEN is forming triangle patternNSE:ADANIGREEN large cap adani stock is forming triangle pattern.
Cons:
Very high PE ratio - 600
Very high debt to asset ratio - 0.9
News driven stock
Pros:
Adani stock
30% below its all time high
Green energy sector
Not recommended for long term as price can crash any time due to high PE ratio. But good pick for swing with very high risk.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
ADANI GREEN ENERGY!! PATH!!this astock will go down till 2000, and then move up and continue to its trend!!
1. purple line is the trend actually trend, based on stock getting consolidated.
2. blue lines are the major levels.
3. black lines are the trends which define that stock will come down till 2000, and then move upside(since reaching at 2000 level, the stock will be at its bottom).
I HAVE DRAWN THE 4 PHASES GREATLY(REALLY SORRY FOR THAT BAD SCRIBBLE:P), BUT YES I HOPE YOU ARE GETTING MY POINT.
SEE YOU IN MY NEXT ANALYSIS.
ADANIGREEN - Pullback TradeAdani Green looks good on the daily chart, there is a higher high, higher low price structure on the chart.
Currently, prices are taking support at the previous top ( 2294 - 2317 ).
Holding the support zone, the stock can test 2575( swing) and 2700-2800(positional) levels in the coming trading sessions.
Trade with a good risk-reward ratio
Risk 4% , Reward 8 - 20%