Adani enterpriseAdani enterpise is at its resistance level. It is testing its resistance level. Considering the political situation in india one can go for swing trade in adani.
ADANIENT trade ideas
ADANI ENTERPRIESEThis stock breakout major resistance level and TGT will be 20% upside
this is only for educational purpose only
Adani Enterprises (ADANIENT) ForecastThis chart depicts the daily price movements of Adani Enterprises (ADANIENT) on the NSE. Here’s a summary of the key observations and potential implications:
Chart Analysis:
1. Trend Lines:
-Ascending Channel: The chart shows an ascending channel pattern with two parallel trend lines, indicating that the stock has been trading within this upward channel since early 2023.
- Support Line: The lower trend line acts as support, preventing the price from falling further.
- Resistance Line: The upper trend line acts as resistance, capping the price increase.
2. Current Price Action:
- The current price (3,384.95 INR) is near the upper resistance line of the ascending channel.
- The stock recently experienced a strong upward move, pushing towards this resistance level.
3. Key Levels:
- Resistance Level: Around 3,590.60 INR, which corresponds to the upper boundary of the ascending channel.
- Support Levels:
- Around 3,000 INR, aligning with the lower boundary of the ascending channel.
- Additional support near the 2,600 INR mark, providing a secondary level of support in case of a significant pullback.
Potential Implications:
1. Bullish Scenario:
- If the price breaks above the upper trend line (3,590.60 INR) with strong volume, it could signal a bullish breakout, potentially leading to further gains.
2. Bearish Scenario:
- If the price fails to break the resistance and reverses, it might move back down towards the support line of the ascending channel, around 3,000 INR.
- A breakdown below the lower trend line could indicate a bearish reversal, possibly leading to further declines towards 2,600 INR or lower.
3. Neutral/Sideways Movement:
- If the price remains within the channel, it may continue to trade sideways, oscillating between the support and resistance levels.
Conclusion:
- The chart shows that Adani Enterprises is currently at a critical juncture near its ascending channel's resistance level.
- Investors should watch for a breakout above the resistance or a reversal to gauge the next major move.
- As always, it is advisable to combine this technical analysis with other factors such as fundamental analysis, market news, and broader market trends before making any trading decisions.
Adani Enterprises BuyHello, Friends in this stock you can see market break out up site falling channel with good volume it's most probability to market will go up site and good time to enter here I hope you like my ideas thank you.
Adani Enterprises: Modi 3.0Break out
FII Flow
Modi 3.0
Amazing combination
Company has delivered good profit growth of 44.3% CAGR over last 5 years
Debtor days have improved from 47.5 to 37.1 days.
ADANIENT SWING TO POSITIONAL Adani ent can give a good swing to positional trade with a decent stoploss and good Targets
ENTRY - 3145- 3150
STOPLOSS - 3100
TARGETS - 3250, 3300++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou
Will Adani Loose? Indian Elections - ProspectiveDespite Nifty showing Bullish and Bearish Signals Adani Group is forming the parallel channel We are not quite sure as the market is still in a retesting position if the market continues to reject we can expect Adani to make Low to 700 rupees from 3000 rupees!!!! Is this connected with the elections? I am quite sure that it is If The NDA forms the government again yes it will shoot up and if not then it is going to crash suddenly Be ready to see the blood in the Indian Markets soon or the green flags after the election results.
Adani Ent: EnterprisingLong Consolidation
With Bear Attack on the Way
Possible Inverted H & S
Green Channel Support
Elections 2024
Could be a thrust beyond Rs 3100 into a new Space.
BUY AROUND 1780 TGT 1950/2150 AVG @ 1680 SL BELOW 1540 The business model is growing at a very brisk pace and currently invested heavily in other sectors too looking a life time breakthrough for the stock and above mentioned target can be easily achieved with given stop loss
Adani enterprises in Neutral modeThis stock in neutral mode - means neither good for selller or buyer
Advice --
For quity trader --
please trader according to my red Trendline price and sell above Trendline
-- stopp loss is mandatory if Trendline broken
For option trader -- seems market can go up 200-300 points to touch upper red Trendline
For more chart analysis comments me in this post.
Adani Ent. ready for another upswing?
After almost sideays movement for a month, i think Adani Enterprise is ready for next leg of upswing.
ADANIENT--@Trendline Retest??ADANIENT::
this stock is recently broken the trendline....
to confirm clear short side wait for the price to break the support and retest of the support.
on topside if price continues by breaking the resistance at 3280, it will reach next resistance at 3380, then look for sell here, find short opportunities in this stock...end of bullishness.
adanient...ready for breakout for 3800keep an eye 3800 as it break out or breakdown. and if breakdown it may fall upta3100
Adani EnterprisesFlag pattern is forming in Adani Enterprises from where breakout can be seen on the upper side.
ADANIENT: Rocket Move Towards All-Time Highs?🚀📈Title: "ADANIENT: Anticipating a Rocket Move Towards All-Time Highs, Eyes Set on 6100 INR in the Next 4 Years! 🚀📈"
Description:
Embark on an exciting journey with ADANIENT as we anticipate a rocket move propelling the stock towards all-time highs. NEOALGO's analysis suggests a potential surge, with a bold outlook projecting a target of 6100 INR over the next four years. Our optimism stems from the formation of strong order blocks, indicating a robust upward trajectory.
This is our personal view, envisioning golden days ahead for Adani. The anticipation of a substantial upmove is underpinned by the promising order blocks, shaping a positive narrative.
Keep in mind, NEOALGO is not SEBI registered, and investors should conduct thorough research. Decisions made directly impact potential profit or loss.
Embrace the excitement, explore the potential of ADANIENT, and consider the optimistic future detailed in our analysis. 🌟📊 #ADANIENT #RocketMove #GoldenDaysAhead #OptimisticOutlook
ADANIENT - may soon give breakout The results are very good , so the has momentum to go up .
Entry - above 3219
SL - 3% or your risk
Tgt - 10% and trailing SL
Note - I think everyone how adani stocks work. Its always advised to keep booking profits if you are in green. Please note this is a risky stock
Buy AdaniEnterprises on Weekly or daily timeframeBreakout then retest and again breakout.Its a solid buy entry with stoploss of around 200rs and target of around 800+rs i.e 1:4 RR
Adani Enterprise is Near to its Breakout for going To ATHAdani Enterprise can we give break out and will go till 3600 in one short so we can add this in our Watchlist
MBlock at Nascent StageThis is highly risky as the trend lines have not formed yet, this is just an early call and if it follows the grey line then T1 is Highly Achievable
Adani Ent Levels for TomorrowThe yellow marked lines are important levels of Adani Ent for Tomorrow. One can use them as support and resistance levels.
ADANII ENT 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.
BuyI looked in chart this pattern and want to share chart for experts advice so any one who looked this chart please respond back and correct me thank you for your advice
