ADANIGREEN trade ideas
Adani Green Energy IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Stay Cautious on whole Adani Group!After a very long time Adani group of stocks showing TIREDNESS on the charts, RSI, ADX at the same time.
Don't buy or Invest in Adani group now. If you have positions trail it.
Trading can be done by strict Stoploss on breaking of either range.
Still no breakdown. But cautious view. Don't short.
Buy Adani Green Energy Adani Green has given a Up flag breakout on its daily and weekly charts. I have already shared a CNX energy index breakout few weeks before and here I wish to buy this stock. On medium to long view, the stock is looking extremely good therefore I’m giving 2 stoploss for daily and weekly basis. Investors should consider weekly stoploss. Traders can manage their positions on daily basis.
CMP - 2134
Target- 2500
Sl - 1940 (Daily), 1850 (Weekly)
View - Medium to Long term.
Adani GreenSolara Active Pharma Sciences Ltd, Somany Home Innovation Ltd, Ahluwalia Contracts (India) Ltd and Adani Green Energy Ltd are among the other gainers in the BSE's 'A' group today, 17 February 2022.
Solara Active Pharma Sciences Ltd, Somany Home Innovation Ltd, Ahluwalia Contracts (India) Ltd and Adani Green Energy Ltd are among the other gainers in the BSE's 'A' group today, 17 February 2022.
ADANI GREENNSE:ADANIGREEN
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ADANI GREEN PRICE ACTION PATTERNNSE:ADANIGREEN broke out from 1 YEAR OLD ascending triangle pattern and gave excellent momentum in 1 week.
Expecting a profit booking or some sort of small retrace before the next move.
Track this stock in your watchlist and set alerts at fibonacci retracements pivots. (2 of them marked on chart)
Wait for confirmation and enter with stoploss below the trendline.
Let go of trade if no retrace comes.
Targets: 2000/2200+
sl: below trendline (place dynamically)
Position size accordingly. HAPPY TRADING!
Adani Green Energy - right time for Fresh entry?Adani Green Energy - right time for Fresh entry?
RSI : 86 - Over Bought Zone - We will surely see a correction
Wait and Buy on Dips
Support Levels: 1429 & 1474 levels, Remaining Levels are also given
Overall Stocks is very positive but dont enter now buy on Dips
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Happy Trading :)