ADANI ENSOL - Lost it's soul?
The chart speaks for itself, as always.
Here’s a quick summary:
- The price has broken the recent support zone with significant volume.
- Both psychological levels at ₹1,000 and ₹750 have been breached.
- Price is below all the swing WEMAs
- The price now seems to be heading toward the ₹500 level.
- You can now access our structured charts for all Nifty 500 Companies, Check the signature section below for more info.
- The recent fiasco in the U.S. has seriously hurt Adani Green. Watch this video to understand why Adani stocks are in trouble:
https://www.instagram.com/reel/DCohpIsyEj0/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
What do you think will happen here?
Disclaimer
This analysis is for educational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any securities. Trading and investing involve risks, and you should consult a qualified financial advisor before making decisions.
The author is not registered with SEBI and is not responsible for any losses based on this analysis. Use this information at your own discretion.
Here’s a quick summary:
- The price has broken the recent support zone with significant volume.
- Both psychological levels at ₹1,000 and ₹750 have been breached.
- Price is below all the swing WEMAs
- The price now seems to be heading toward the ₹500 level.
- You can now access our structured charts for all Nifty 500 Companies, Check the signature section below for more info.
- The recent fiasco in the U.S. has seriously hurt Adani Green. Watch this video to understand why Adani stocks are in trouble:
https://www.instagram.com/reel/DCohpIsyEj0/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
What do you think will happen here?
Disclaimer
This analysis is for educational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any securities. Trading and investing involve risks, and you should consult a qualified financial advisor before making decisions.
The author is not registered with SEBI and is not responsible for any losses based on this analysis. Use this information at your own discretion.
Note
It looks like the buyers are getting sceptical. Sideways momentum can be expected unless some news clears the dark clouds
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👉 Visit nas.io/TradeWithTc to learn Price Action with real life case studies.
#BeYourOwnAnalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.