ADANIENT trade ideas
Adani Enterprise trade ideaOn daily timeframe there is impulse towards downside after impulse we expect price to retrace and break atleast Fibonacci 0.382 level.
Looking at 4H chart we can see price retraced successfully towards Fibonacci 0.382 and EMA 10 is below EMA 20 and MACD also indicated bearish moment
Everyday with one Equity Intraday Profitable Idea:-AdanientADANIENT sell below 2096 for the target of 2089,2080,2070, 2050.
Please take trade after candle close below 2096. Suppose it opens below 2096 then your short level would be 2077 for the target of 2070,2060,2050,2045
Reason for short trade:- Daily breakout for the short side.
Everyday with one Equity Intraday Profitable Idea:-ADANIENTADANIENT sell below 2097 as it was given breakout in downside in all timeframes. It may bounce once as it is in an oversold zone. After that, if it breaks 2097, u can sell. else, if it breaks at the opening with volume you can sell.
Target 2090,2085,2070,2065
SL 2112
Bearish Divergence in AdanientHello Traders. I've observed bearish divergence in NSE:ADANIENT . It seems strength wise resistance has been achieved by the price and now it's time for a small retracing wave.
In past few trading sessions indecisive, small and weak candles have formed. This shows the weakness and buyers are no longer willing to drive the price further high. 1715 is the POC level. One can enter near the level if the price comes around.
Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.
Adani enterprises is good for long position hlo guys
welcome to traders area
adani enterprises is a good stock
this stock has finally crossed it's resistance in uptrend
we can see a long green candle
therefore we can see that there is great demand
fundamentals are also good for this comapny
therefore you can try for this stock and get high returns
😀😀
good for swing trade
NETWORK18 is ready to buy for positional trade.Aim for 5-10%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
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ADANI ENTERPRISE PRICE ACTION ANALYSISNSE:ADANIENT has been consolidating in a rectangle pattern after a very strong uptrend and broke out of it.
It has also been consolidating in rising wedge pattern within the rectangle pattern from which it hasn't given a breakout out yet.
Considering the bullish nature of stock, it is only a matter of time when it will breakout towards 1900 levels.
Enter at the break of the wedge.
Targets: 2100/2250/2500+
sl: below 1673
Position size accordingly post breakout. HAPPY TRADING!
ADANIENT This stock has given breakout with good intensity of volume and made life time High, waves also suggesting a new impulse to be unfold next, One can go Long with Stop-loss of 1740 & Targets are mentioned in chart.
Breakout with good intensity of volume
Wave Structure could be like this
Macd in daily positive crossover and Uptick
Rsi in daily above 60 uptick
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing