ADANIENT trade ideas
Dash towards 200 This could be one of the major bet prior to BJP triumph in 2019. High tops and High bottoms classic uptrend.
NSE:ADANIENT Sell for 30 Oct 2018NSE:ADANIENT 30 min chart and Fibonacci series initiate following sell for 30 Oct intra-day
Sell Below :170.55
Stop Loss : 173.05
Target : 169.55
NSE:ADANIENT Sell for 24 Oct 2018 30 min chart and Fibonacci series initiate following sell for 23 Oct intra-day
Sell Below :167.25
Stop Loss : 173.5
Target : 165.45 NSE:ADANIENT
adani EnterprisesBreakdown on descending triangle, Sell: 2543; Target: 2224; SL: 2700
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
AdaniEnterFlag formation. High probability of a breakout taking price to resistance level of 220-5. 50 DMA about to cross 100 DMA is quite significant. Every dip may be lapped up. Please use SL so preserve capital and make good gain. Trade at your own risk.
Adani EnterFlag Pattern (read the previous post): Traders tried to breakout but there was market pressure. If market stabilizes, this Flag will breakout. SL is a must. Disc: Tare at your own risk.
AdaniEntr100% gain within a month time. So the Flag Pole fulfills the strict condition of a straight line. Now a perfect Flag is forming at the top. Bears are holding onto 200 Calls. A breakout above this will take price towards 220-5 and the move will be sharp.
AdaniEntBuy 139-40, Trgt 148, SL 2 points (if bought at 139, SL 137).
Rationale: Momentum will increase above 100 DMA (138), Strong OI support at lower levels, 200 DMA (150) is mild resistance.
Please note that MAs plotted on this site are not standard ones.
AdaniEnter, Bullish Shark PatternFirst target of the pattern at D is done, it seems. Now if 200 DMA provides support, bull may become active in this counter. A good investment proposal having SL at 200 DMA.
Adani Enterprises - LongRetest of Cup and Handle Breakout Level
Good risk reward to enter long positions
Adani Ent - Symmetrical Triangle Breakouttake entry above 133 levels (demand zone) w.r.t positive bias from candlesticks.
T1: 140
T2: 158
T3: 170
SL : `126
ADANIENT Target 150++++July Series Target 150++++++++++++CMp 140
high risk Buy 150 Call cmp 1.5 Sl 0 Target 5,7,10
Risky trader only initiate the Adani Call because SL zero
DNA STRATEGIES BUY SIGNALgenerated a buy signal in the ADANIENT
FINANCIAL WISDOM: There really is a Holy Grail, a perfect trading method that generates amazing results. It's called educating yourself..
Adani Enterprises can move further downNSE:ADANIENT CLSA has downgraded its rating on Adani Enterprises BSE -1.43 % to 'sell' from 'underperform' due to continued margin pressures in its mainstay coal trading business and potential write-down at its Carmichael coal venture.
"Coal trading Ebitda for 1Q was less than US$1/t (Rs60/t) - down 76% YoY, with segment profit at three-year lows. ADE (Adani Enterprises) expects that the coal import volumes will not collapse as feared, due to cost benefits for customers near coastal areas ..
One can expect a Accelerated downward movement towards 68 levels before any support comes in and any weakness further from 68 can results in swift movement towards 60 levels
Long - expecting 100Adani Looks good for 100 rally
resistance at 86 a
Support at 74
once it breaches 86, other resistance zone between 89-92
target 100
BUY ADANI ENTERPRISE LONG POSITIONBuy adani enterprises at 72 with a sl of 69 and target price of 84 to 86
