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ADANIPORTS

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
Powerful Bears?Nifty resistance 17800 according to fibonacti tool for the supports come up at 17670 and 17600 • India's CPI Inflation Data "India's retail inflation britches RBI tolerance limit in January accelerates to 6.52%" • Tomorrow's market might be a bearish market again or kind of sideways because of today's adani's report published by bloomber it says Adani group might cut its revenue up to 50% and limit its capital expenditure and focus more on companies financial health (repairing the debt and unpledging the pledged shares) • Important countries and regions such as US UK and European countries are yet to come with the inflation datas • Currently the market is completely driven by the news and specially by the Adani stocks as a d uninstalls affects the banking sector and financial services which affects the nifty as it has more contribution in the index
NSE:NIFTYShort
by Yash_Junavane
NIFTY 50 Elliott Wave Analysis Hourly chartNIFTY-50 INDEX If we closely observe the counts from 15194 low point it is not looking like an impulsive move. The nifty has been in the corrective move so far. The correction is so irregular the laymen cant understand what is happening right now in Nifty. Thanks to Elliott wave theory we can read fine prints of the candlestick printed by the market make. The moves are in 3 wave structures and every move has double correction. The last move under the channel is looking like an WXYXZ correction. All the levels are marked what could I understand from the NIFTY 50, Chart. Thank for your love.
NSE:NIFTY
by imkhushal
5
Adani Ports Ltd : Detailed Elliott wave analysis Adani Port and SEZ full Elliott wave analysis. The chart is a learning chart, those who want to learn can gain some knowledge of Elliott wave analysis. Keep in mind that all bad news in any financial instruments are suppose to come in wave 2 or wave 4 that is the corrective phase of any instrument. This chart does not constitute any buy or sell recommendations. Please ask your financial advisor before any decision to buy or sell the equity. Thank you. Hoping towards your likes and comments. Please share with your known so that it may spread across the community. #hindenburgresearch, #analysis, #adanigroup,#adaniport, #adanient
NSE:ADANIPORTS
by imkhushal
2
Adani Port Special Trend AnalysisIndia’s largest port developer and operator comprising 12 ports and terminals and 538 MMT of operating capacity. It also possesses the largest container handling facility in India. Fundamental Aspects: In last 11 years Reserves increased 11 times, Sales increased almost 9 times, Net profit increased 6 times, Huge CAPEX for future expansion & Promoters holding had increased marginally. Technical Aspects: Price had been moving inside an ascending channel for around 13 years. Then it broke out of that channel and today it retested the top of the channel as support. You can observe how the price bounced exactly at the top of the channel. RSI & MACD are showing bullish divergence on both daily and weekly timeframes. Alternatively price is in the 2nd primary wave (white markers) of the 3rd cyclical wave (yellow markers). Expecting initiation of 3rd primary wave from green zone highlighted. You can zoom out to see the bigger picture of the cyclical wave (just assumptions because of uncharted territory). Will update in future as chart unfolds. Good to accumulate around 460 - 500 levels for the following targets: Short term swing target @ 785 (58% ROI from CMP) Long term swing target 1 @ 1500 (200% ROI from CMP) Long term swing target 2 @ 1850 (273% ROI from CMP) Long term positional target @ 2300 (364% ROI from CMP) Do your own due diligence before taking any action. Peace!!
NSE:ADANIPORTSLong
by Swastik24
4