Adani Ports: BUY @ 62015 year Chart
In a UP trend Channel.
Great Assets, So Fundamentally and Technically a great company.
Inspite of whats going on, come back and re visit this post after amonth !!!
ADANIPORTS
Adani ports Buy and TP at 708.25Adani ports going to recover before weekend and will hit 708.25. It's a buy, Do not go with fake misinformation and fud. It's already at all time lower level and can't be broken down anymore.
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?
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 !!!
ADANI PORTSHey traders this the day chart of ADANI PORTS in which after breakout of strong support zone 775 it falls rapidly now the next support zone is 650 so be carefull in long position as Adani stocks are in controversies
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USD 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Cardano (ADA)
Cardano is about to close 2022 as one of its worst years. With a new low in 2022 at $0.24, there seems to be no stop to the current downtrend. After losing 5.7% of its valuation in the past seven days, ADA is still in search of support.
At this time, the most likely support level to stop the downtrend is found at $0.20. This key level may provide ADA with some relief because it could entice buyers to finally return after being absent for most of 2022.
Looking ahead, the outlook for this cryptocurrency remains bearish after losing more than 92% of its valuation since its all-time high at above $3. Hopefully, in 2023, ADA will be able to find support and start a sustained reversal to recover some of these most recent losses.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ADA ANALYSIS
#ADA UPDATE.
#ADA has broken above the falling wedge and is currently trading at the double top pattern and close above the double top would result in more pump in the price of ada.
ADA ANALYSIS#ADA UPDATE.
#ADA is currently trading in falling wedge supported by the Bullish RSI on 3H TF suggesting some upside move if ada breaks above the falling wedge.
ADA ADA reached two targets and might hit the third one or might not anyways I will wait for the confirmation for entry to get wither B wave or wave 3
ALSO we are getting a big divergence in daily frame in MACD which is a good signal for LONG
peace :)
adaniportsAdani Ports CMP 860
Above 907/907 looks ready for 980/1000++
Waiting for a reversal.
Swing/Positional
ADANIPORTS LONG TRADE (INTRADAY DEC 12)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.
.
ADANIPORTS
Daily : Stock is in uptrend.
15 min : It has broken Cup and Handle pattern and it is currently at support level.
*Wait for the opportunity and we could see an upside movement.
THANK YOU !!!!
ADANI ENTERPRISESWeekly Consolidation between 3800-4100.
Any Daily Candle Closing ABOVE 4100 Can give Short Covering Rally till 4400-4500
STOP LOSS BELOW 3800 ON DAILY CANDLE CLOSING BASIS
ADANIPORTS LONG (INTRADAY DEC 7)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.
.
ADANIPORTS
Daily : Stock is in uptrend.
15 min : It has made Cup and Handle Pattern.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
BUY AROUND 705 AVG @ 655 TGT 825/ 890 SL BELOW 630The company has acquired several new projects and look on a good trajectory for further healthy revenues with increased margins. The buying can be initiated from the above mentioned levels for given targets and stoploss
ADANIPORTS LONG (INTRADAY NOV 28)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.
.
ADANIPORTS
Daily : Stock is in uptrend.
15 min : It has currently made falling wedge pattern.
*Wait for the breakout and we could see an upside movement.
THANK YOU !!!!
AADANIPORTSAADANIPORTS - We can see it clearly forming the Cup & Handle Pattern. Which give us good up move. The formation of Cup and Handle is not completed yet, but it looks the same.
Once the pattern is formed we can expect a target of 1192.
Disc- This is only for learning purpose and not a trading recommendation
ADANIPORT SPECIAL SWING TRADEStock is looking good on most of the timeframes.
On the hourly chart, it is consolidating above the previous resistance, which is now working as support i.e 818-820.
Sustaining the support, the stock can probably move towards 840 to 860 levels in the coming trading sessions.
ADA /USDT#ADA UPDATE.
#ADA is currently trading in ascending triangle with blue box area as the resistance .For upside move ADA needs to close above the blue box however chances of pullback are higher as ADA is trading with bearish divergence.
ADANI PORT - KEEP IN WATCHLIST 📊 Script: ADANIPORTS (ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Services, Transport Infrastructure
📊 Industry: Port & Port services
📈 ADANIPORTS is facing hurdle at 818 level.
📈 One can take swing trade above 818.
📈 Stock is moving towards upper band of BB.
📈 MACD is giving crossover.
📈 Right now RSI is around 58.
✅ Entry above - 818
🟢 Target 🎯🏆 - 924
⚠️ Stoploss ☠️🚫 - 756
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅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.
Happy learning with trading. Cheers!
INTRADAY ADANIPORTS 15MIN TF31/10/2022
SHORT SIDE
INTRADAY(15MIN)
ADANIPORTS
Triple top formation in 1H TF FAKE BREAKOUT HAPPENED
consolidation near resistance in 15min tf and even formed bearsih englfing in 15min tf and shooting star in 1H tf
ENTRY-818
SL-825.30
TARGET-796
R:R-1:3
MOVE-2.70%
Adhani port in strong support going to fly???Adani port in strong support in weeekly as well as day too. my expected tart 1117 at 13 jan of 2023
Support was strong in AdaniportsBreakout expectation in Adaniports
Follow strict risk reward and stop loss...
Thanks,
V Trade Point
