ADANIPORTS trade ideas
ADANI PORT S/R for 26/12/23Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
ADANI PORT - SWING TRADE📈 **Trade Alert: BUY ADANIPORTS** 🚀
Seizing a potential opportunity in ADANIPORTS, here are the key details for consideration:
**Current Market Price (CMP):** ₹796 📊
🎯 **Target Range:** ₹825 - ₹830 🚀
⛔ **Stop Loss:** ₹790 ⚠️
📉 **Risk/Reward (R/R) Ratio:** 1:5 📈
📊 **Trade Overview:**
Strategically entering ADANIPORTS with a target range of ₹825 - ₹830 and a defined stop loss at ₹790. The Risk/Reward ratio is set at 1:5, reflecting a calculated approach to potential gains and losses.
💹 **Potential Gain:** 3%
📉 **Potential Loss:** 0.65%
🚀 **Trade Optimism:**
This trade presents an opportunity for a favorable risk-reward balance, aligning with our strategic outlook.
🌐 **Risk Management:**
Adhere to the defined stop loss for prudent risk management.
Let's navigate the markets with precision and capitalize on potential gains in ADANIPORTS! 🌟💰
#ADANIPORTS #TradeAlert #RiskManagement #PotentialGains
Chart of the week. Adani portsAll the Adani stocks has seen missive buying in last 2 weeks. Reason could be elections. Almost all the stocks have given breakout, however, I chose this stock due to few reasons.
1. This stock has underperformed in all the Adani stocks
2. Recently they got big money from USA for their business.
3. A very good consolidation for more than a year.
4. Trading above all time high. In blue sky.
5. PE is fairly low (around 34) rather than 80 or 100+ in few Adani stocks.
Hence, this would be a worth of a trade with very good RR. The volume candle also suggesting to go for a trade.
CMP - 1122 (10/12/23)
T - 1350, 1950
SL - 940
Adaniports Simple Price Action AnalysisNSE:ADANIPORTS Bad News vs. a Trap Level.
This stock is continuously making HH and HL in the chart and currently hovering inside a Trap Zone.
The expectation is it will go up to 892.85/-, which will make this Trade a Reward to Risk of 2.5:1 and approx 10.56% Return on Investment from the Current Market price (807.55).
Disclaimer: Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital or even provision of additional margin in futures trading. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit, and employees are for information purposes only and under no circumstances should be used for actual trading.
ADANI POWER ANALYSISHi, I would like to share this idea with you all on the basis of the price action analysis.
Pleasure to have you here. This is an trading/investment analysis done for the Tickr, and potential in the Technicals.
if you like the idea please like the post :) It will be a motivation to further such ideas.
Disclaimer Note:-
1) This is just an analysis setup and no advice to trade/trade
2) If you are making position, please have your risk to reward analysis and then enter.
3) The analysis and target shared does not mean i trade in them, entry and exit depends on the market open and other factors.
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD.Adani Ports & Special Economic Zone is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra.
Company has been maintaining a healthy dividend payout of 20.8%
Promoter holding has increased by 1.86% over last quarter.
Company's median sales growth is 18.7% of last 10 years
Its consistantly growing Y/Y profit is last few years
It has potential to grow further in coming years
TECHICALLY ITS HAS FORMED CUP WITH HANDLE PATTERN
ITS AT BOTTOM OF CUP GUD OPPORTUNITY TO BUY MEDIUM TO LONG TERM
CURRETNT PRICE-817
TARGET-1238
ADANI PORTSADANI PORTS has made a diagonal structure after the drop. As wave 1 completes, there would be 38.2-50% correction on the stock which are important fibonacci levels. These levels also coincide with a strong resistance area where a bullish reversal can be found (wave 3).
This idea is based on the Elliott Wave Theory. Trade/Invest with your own risk management.