ADANIENT trade ideas
SALE ADANI ENTERPRISESHindenburg ne hila dia ADANI Group ko,,he is claiming ADANI group is doing scams with their funds that is the reason all stocks of adani group falling like anything,,and we can see this follow up sailing some more days until AGAG GROUP is not giving proper reply to their investor,
Sale ADANI ENTERPRISES FUTURE FOR 20-35% RETURNS. FOR STOP LOSS AND TARGET SEE CHART.
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Adani to find its way down to 75 supportI dont have much to say about this... All other companies which entered a correction went down to roughly their 2017 levels, I see no reason why this scam wont, and on top of it they are a representation of the country which is helping Russia in the Ukraine war.
Adani Enterprises ViewAdani Enterprises looks pretty good on a daily timeframe basis forming a Hammer pattern which is signalling a U-turn in a downtrend. Beside this, another noticing point is that on a daily timeframe, 50EMA is going to cross 100EMA which creates quiet confusion. However, we could not determine whether it will show a more down move or an up move. This will be clear after the formation of next day candle.
Though company is fundamentally going well as per our perspectives. But the arousal of political interventions created havoc in the stocks of Adani.
Hoping it will recover from this low.
Near term resistance is seen at or near 2100-2200. From this level only we can clearly predict which side will it move.
๐ Thanks
Adani Enterprises Positional View Weekly Analysis @ 02-02-2023Adani Enterprises came to 1st Opportunity, All the Important Levels are Marked on the Chart
The Business Model is good for Adani Empire, Second Biggest Company in India
I will be more Happy if i get another dips, Will Update this idea & decisions in coming months
Always Trade What You See not What You Feel........
"Be Fearful when others are Greedy and Greedy only when others are Fearful " - Warren Buffett
John Maynard Keynes said, โthe markets can remain irrational longer than you can remain solvent.โ So be cautious and flexible as market conditions evolve.
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ADANI ENTERPRISES let's see what Elliott wave say?I was observing Adani enterprises since it was above 4100 range.
And was thinking it will move to very low level but was not sure of the trigger
It had completed its 5 wave and a divergence was being seen when the price was at high.
Now i think the wave 2 is in progress of higher degree, but the price may not come so fast in my view.
Be safe from any trap that's why I have given you this chart.
Regards