ADANI GREENthis stock is making triangle pattern in which support zone is 1970-1980 and resistance is trendline
Adanigreenenergy
ADANI GREEN ENERGY!! PATH!!this astock will go down till 2000, and then move up and continue to its trend!!
1. purple line is the trend actually trend, based on stock getting consolidated.
2. blue lines are the major levels.
3. black lines are the trends which define that stock will come down till 2000, and then move upside(since reaching at 2000 level, the stock will be at its bottom).
I HAVE DRAWN THE 4 PHASES GREATLY(REALLY SORRY FOR THAT BAD SCRIBBLE:P), BUT YES I HOPE YOU ARE GETTING MY POINT.
SEE YOU IN MY NEXT ANALYSIS.
ADANIGREEN - Pullback TradeAdani Green looks good on the daily chart, there is a higher high, higher low price structure on the chart.
Currently, prices are taking support at the previous top ( 2294 - 2317 ).
Holding the support zone, the stock can test 2575( swing) and 2700-2800(positional) levels in the coming trading sessions.
Trade with a good risk-reward ratio
Risk 4% , Reward 8 - 20%
Adani Green 1D time frame swing tradeAdanigreen making Ascenting triangle once it breaks Take a swing
Adani GreenSolara Active Pharma Sciences Ltd, Somany Home Innovation Ltd, Ahluwalia Contracts (India) Ltd and Adani Green Energy Ltd are among the other gainers in the BSE's 'A' group today, 17 February 2022.
Solara Active Pharma Sciences Ltd, Somany Home Innovation Ltd, Ahluwalia Contracts (India) Ltd and Adani Green Energy Ltd are among the other gainers in the BSE's 'A' group today, 17 February 2022.
ADANI GREEN PRICE ACTION PATTERNNSE:ADANIGREEN broke out from 1 YEAR OLD ascending triangle pattern and gave excellent momentum in 1 week.
Expecting a profit booking or some sort of small retrace before the next move.
Track this stock in your watchlist and set alerts at fibonacci retracements pivots. (2 of them marked on chart)
Wait for confirmation and enter with stoploss below the trendline.
Let go of trade if no retrace comes.
Targets: 2000/2200+
sl: below trendline (place dynamically)
Position size accordingly. HAPPY TRADING!
Adani Green Energy, big breakoutAdani GE has given a breakout in uptrend the immediate taget seems to be 2000, its a clear institutional move.
AdaniGreen Ready to flyCharts is follow really good as the r:r is favorable it can easily show 10-15% rise in price
