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Adani

Shorting Adani Enterprises on hindsightIn the world of investment , it can be pretty boring. After finding the quality companies you are keen to invest and you had parked your funds, there is nothing much to do except to wait. The waiting time are usually in years rather than months or weeks compared to trading. You probably would have read about the Adani Enterprises news online by now and how the CEO, Mr Adani has lost billions within days. It is less important to a trader if the eventual outcome of who's right who's wrong matters as compared to a good shorting opportunity. The Hindenburg Research report on Adani was published on 24 Jan 2023. From the chart, we can see the price action has already broke down from the daily bullish trend since 6 Jan 2023. Assuming you pick up the signals from the media and shorted the stock, you would have gained as much as 50% for holding this short for a week or so. We have seen the light of many global companies that have good reputations and admirable list of investors behind it only to fallen and disappoint many retail investors (eg. FXT, many educational listed companies in China,). That brings my point to the importance of doing your own research, place a maximum cap in each company investment (no matter how much you like it) , allocate sufficient funds for diversification (geographical, sectoral, etc). This is a form or risk management strategy. In the event of a collapse, your loss (assuming a total loss) is contained by the maximum % of your capital that you had allocated. Imagine those trained chartered financial analysts who had access to more information than the retail investors/traders can also make mistakes , how about us ? For that, we need a wider margin of safety and staggered our buying into the companies at different price point (averaging up or down) and within the maximum allocation provided. I do not invest in any India stocks for now and thus seldom pay attention to its country or stock news thus I am not invested in this stock. However, this news could also happen to any stocks listed in US, Europe, China for which I have vested interest.
NSE:ADANIENT
by dchua1969
1
ADANI/INR ( Still Big Dump Expecting as per Technical AnalysisTechnical Analysis of ADANIENT/INR: ADANIENT is currently trading at ₹1615, which has seen almost a 20% rise within 2 days after a significant fall of 75% within 3 months. Many retailers attribute this fall to the Hindenburg Report, but I believe that the retailers may be wrong. The decline began in December 2022, and a strong reversal pattern formed at the top. Therefore, smart players had already exited by the end of December and January. The Hindenburg Report came on 24th January, by which time ADANIENT had already given a strong reversal pattern. Therefore, I believe that this news might have been pre-planned. It is essential to be smart and trade smartly in such situations. As per the chart, the downtrend of ADANIENT is still ongoing, but I believe that it may test the ₹2364 level again, which is around a 50% rise from the current price. However, after retesting resistance, another dump is expected. The major support level is ₹1360, and if any HTF candle closes below it, then another significant drop is expected. If the support level of ₹1360 is broken, then we may see ADANIENT at the ₹500-₹700 level. The Fib retracement support is also around those points. 0.5 FIB = ₹704, 0.618 FIB = 460. Long-term support TrendLine is also near the FIB Retracement levels. It is essential to note that this process takes time, unlike Crypto, and it may take around 2-3 years in my opinion. If ADANIENT breaks the price level of ₹3011, then the bearish sentiment will end. My Key Levels: Support: ₹1360/$704 Resistance: ₹2364 Please support me by Liking, Sharing, and appreciating my analysis and content. Follow me for the latest real-time updates. Thank you.
NSE:ADANIENTShort
by CryptoPatel
5
Adani Green Adani Green is currently trading at a favorable support level of 500. It is expected that the stock price may reverse from this level, indicating a potential buying opportunity. Investors may consider buying at the current level and add more on any further dips until it reaches 300. The target for the stock price is projected to be around 700-800-1000. Investors who are willing to take a calculated risk and hold the stock for a reasonable period of time may consider buying it at current levels and on dips.
NSE:ADANIGREENLong
by trade_with_mahesh
ADANITRANS: LONG TERM FOR 237%HELLO TRADERS! This is my technical view as I'm a technical guy and don't follow funda. As per my analysis this is a good level for entry as shown in the chart with the LONG POSITION TOOL. The price should correct little more upto 900 level. So one should create position with 25% of of his planned investment here. And rest in 3 parts with 25% each time it falls. The 1st target should be the top for 234% The 2nd target is much higher and huge which I'll post further. 👉For detailed analysis please refer to the videos I post.
NSE:ADANIENSOLLong
by Cruoso4u
Nifty at a very strong support areaRecent budget and more importantly, recent adani fiasco, lot of ppl are in two minds and are habitually going in bear mode on Indian markets. But I'll have contrary view, as usual. I see Nifty taking a really strong support from 17500 area approx. and bounce for new highs, even as far as doubling the market in next 5 years. This analysis is based on trendline S/R, so of course, if this fails, it means market can also go towards becoming half of what they are now, but I'm betting on long side. Afterall, not many good growing economies in the world atm. Everyone has their own set of problems. Also, on side note, Adani fiasco, may or may not be completely real, but its important to remember, they do have very large scale businesses, they also have no competition in them and they also have backing at very high places. So, don't be too bearish on it, free floating stocks are not much in Adani and there is limit to how much it can fall (I don't know till where though, will do separate post for that). Regards
NSE:NIFTYLong
by Pratik_4Clover