ADANIENT
ADANI ENETRPRISES 💚🤣💔hello ji,
==========================================================
Here we all know about ADANI STOCK.
And make reverse head and shoulder. 💚💚💚🤞
Here ADANI ENETRPRISES IS IN a make and break levels.
If ADANI stock are bullish tomorrow then market also bullish
else: market is bearish.
THANK YOU... 🙏🙏🙏
==========================================================
Adani Enterprise just pure technical analysisAdani Enterprise just pure technical analysis
broke the 200 day moving average on large volume
lot of news flow with some allegations by Hindenburg short seller with some issues around float/holding structure and pending follow-on-public offer
Most likely previous support will become resistance, and trend broken?
Keeping this to technical analysis for the time being
Shows important questions around corporate governance in emerging markets
Holding structure and what's true float?
ADANIENT SHORTAdani enterprises after breaking the support zone is going for the re-test.
Good to enter after 1 red candle from the above level (3850).
Target :- 3200
Stoploss :- 4000
Good risk to reward ratio, but only enter once it reverses from the above zone.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
How Divergence was giving Adequate Warning - Adani EnterpriseDivergence has been very successful in Indicating a reversal well in advance. Of course, not all the indicated divergences resulted in successful price reversal. But Divergence on larger timeframe means at least be cautious !! Most of the traders who trade divergence combine multiple indicators for confirmation, which is fine. But in my opinion never trade against a divergence, specially if it happened in a bigger timeframe/larger timeframe.
Which indicators can be used for divergence ?
Most of the divergence indicators are based on oscillators and the idea is to find divergence between price movement in the chart vs the oscillator. Following are examples of some indicators which can be used to determine divergence:
RSI
MACD
Stochastic/Stochastic RSI
OBV
CCI
Aroon
Willian %R
(Please let us know which indicator do you use for divergence, if it's not in the list)
My indicators are mostly based on RSI and MACD and no one needs any fancy indicators to determine divergence.
Examples of Some Divergences
ADANI GROUPS
Adani Ent (specifically) was showing an extreme divergence on daily chart recently, even much before all these controversy was on!! Please look at all the three oscillators in comparison to price chart. There were enough divergence to stay away from all the longs. Now, switch on to weekly for Adani !!!!!
(The red color change in the first divergence indicatot is noting but RSI overbought zone)
Now, tell me, wasn't there an like never before weekly divergence??? Adani was all set to burst since 19 Dec 2022 weekly candle.
NIFTY CHART - (DAILY )- BULLISH & BEARISH IN ONE CHART
Please have a look into this -
The first divergence is bullish and second one is bearish !! How beautifully captured. Now you ask, can a price reversal happen without divergences?? The answer is yes. But I would say, if there is a divergence, most likely price would move in favour or at least, if doubtful stay away !!!
The irony and the most wonderful thing about divergence, that people don't understand that, these divergences can be traded for a great risk reward ratio !!!
ADANIENT - A typical bubble burst Chart says it all. 231 rs could be the final stop, with multiple levels on the way. Not directly ofcourse but it's the start today. Look for very quick short bounces in purple box region especially.
Typical Charts of other bubble bursts from the past which could tell the story of ADANIENT ahead. Blueline in the charts below represent where we could be right now on the charts below
1. NaturalGas -
2. Meta -
3. Netflix -
ADANIENT LONG (INTRADAY DEC 5)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
ADANIENT
Daily : Stock is in uptrend.
15 min : It has broken Ascending triangle and has currently coming near support.
*Wait for the opportunity and we could see an upside movement.
THANK YOU !!!!
ADANIENT LONG (INTRADAY NOV 14)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
ADANIENT stock is super bullish on daily candle and in 15 min it has broken "Bullish Pennant" and now it has made inverted "Head And Shoulder" pattern so now on breakout we could see upside momentum. Thank You !
ADANIENT LONG (INTRADAY NOV 11)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
ADANIENT is super Bullish and it has made bullish mother baby candle on daily timeframe and in 15 min it has made bullish pennant pattern. Now wait for breakout then we could see some upside movement.
Thanks a Million !
ADANI ENTERPRISES LIMITED - Volume Breakout + Bullish on Chart📊 Script: ADANIENT (ADANI ENTERPRISES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY METAL / NIFTY NEXT 50
📊 Sector: Commodities Metals & Mining
📊 Industry: Metals & Minerals Trading
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Current RSI is around 67.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 3575.70
🟢 Target 🎯🏆 - 3885
⚠️ Stoploss ☠️🚫 - 3417
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
#ADANIENT Weekly Major Support & Resistance Levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.