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ADANI ENTERPRISES LTD

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ADANIENT trade ideas

Adani Enterprises (ADANIENT) ForecastThis chart depicts the daily price movements of Adani Enterprises (ADANIENT) on the NSE. Here’s a summary of the key observations and potential implications: Chart Analysis: 1. Trend Lines: -Ascending Channel: The chart shows an ascending channel pattern with two parallel trend lines, indicating that the stock has been trading within this upward channel since early 2023. - Support Line: The lower trend line acts as support, preventing the price from falling further. - Resistance Line: The upper trend line acts as resistance, capping the price increase. 2. Current Price Action: - The current price (3,384.95 INR) is near the upper resistance line of the ascending channel. - The stock recently experienced a strong upward move, pushing towards this resistance level. 3. Key Levels: - Resistance Level: Around 3,590.60 INR, which corresponds to the upper boundary of the ascending channel. - Support Levels: - Around 3,000 INR, aligning with the lower boundary of the ascending channel. - Additional support near the 2,600 INR mark, providing a secondary level of support in case of a significant pullback. Potential Implications: 1. Bullish Scenario: - If the price breaks above the upper trend line (3,590.60 INR) with strong volume, it could signal a bullish breakout, potentially leading to further gains. 2. Bearish Scenario: - If the price fails to break the resistance and reverses, it might move back down towards the support line of the ascending channel, around 3,000 INR. - A breakdown below the lower trend line could indicate a bearish reversal, possibly leading to further declines towards 2,600 INR or lower. 3. Neutral/Sideways Movement: - If the price remains within the channel, it may continue to trade sideways, oscillating between the support and resistance levels. Conclusion: - The chart shows that Adani Enterprises is currently at a critical juncture near its ascending channel's resistance level. - Investors should watch for a breakout above the resistance or a reversal to gauge the next major move. - As always, it is advisable to combine this technical analysis with other factors such as fundamental analysis, market news, and broader market trends before making any trading decisions.
NSE:ADANIENTShort
by The90sTraderOfficial
Will Adani Loose? Indian Elections - ProspectiveDespite Nifty showing Bullish and Bearish Signals Adani Group is forming the parallel channel We are not quite sure as the market is still in a retesting position if the market continues to reject we can expect Adani to make Low to 700 rupees from 3000 rupees!!!! Is this connected with the elections? I am quite sure that it is If The NDA forms the government again yes it will shoot up and if not then it is going to crash suddenly Be ready to see the blood in the Indian Markets soon or the green flags after the election results.
NSE:ADANIENT
by fatehgarhiaharman
ADANIENT: Rocket Move Towards All-Time Highs?🚀📈Title: "ADANIENT: Anticipating a Rocket Move Towards All-Time Highs, Eyes Set on 6100 INR in the Next 4 Years! 🚀📈" Description: Embark on an exciting journey with ADANIENT as we anticipate a rocket move propelling the stock towards all-time highs. NEOALGO's analysis suggests a potential surge, with a bold outlook projecting a target of 6100 INR over the next four years. Our optimism stems from the formation of strong order blocks, indicating a robust upward trajectory. This is our personal view, envisioning golden days ahead for Adani. The anticipation of a substantial upmove is underpinned by the promising order blocks, shaping a positive narrative. Keep in mind, NEOALGO is not SEBI registered, and investors should conduct thorough research. Decisions made directly impact potential profit or loss. Embrace the excitement, explore the potential of ADANIENT, and consider the optimistic future detailed in our analysis. 🌟📊 #ADANIENT #RocketMove #GoldenDaysAhead #OptimisticOutlook
NSE:ADANIENTLong
by NEOALGO_PRO
ADANII ENT S/R for 26/12/23Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities. Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities. Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level. Keltner Channel: The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions. Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend. Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend. Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
NSE:ADANIENT
by zenthosh
adanient investors like GQG and Abu Dhabi conglomerate International Holding IHC into some of its companies, helping to dilute the family’s tight shareholding. The tycoon also paid off loans backed by stock: only 2.4% of the shares in Adani Ports, for example, remain pledged as of the September quarter, down from 17.3% at the end of December 2022. The reckoning stress tested concerns about the group’s rapid growth, leverage and valuations. While net debt remains largely unchanged at around $22 billion, EBITDA – a rough proxy for cash flow – has risen, reducing the consolidated ratio from 3.3 times to 2.5 times. The four largest businesses by market capitalisation trade between 89 and 202 times trailing earnings, per LSEG data. While high, those multiples are lower than the 315 to 845 times before Hindenburg made a splash. Meanwhile, Adani’s blue-chip backers including TotalEnergies TTE , Wilmar International F34 and its coterie of global banks including Standard Chartered STAN and Singapore’s DBS D05 remained loyal. And Florida-based GQG Partners, which made big bets on the conglomerate this year, has seen the value of its investments in five group companies soar this year.
NSE:ADANIENTLong
by Tradernawab
2
Adani Enterprises is at major support.The most infamous stock in the Indian stock market in recent times- Adani Enterprises, has reached a very crucial support area and is probably attempting a bounce from here. The chart is based on very simple concepts of Support/Resistance, Horizontal consolidation areas(HCR's) and trend lines. Nothing too complicated here, the entry too is pretty straight forward. For a short term trade ,enter on trend line break confirmation and aim the HCR lower boundary for target. The low at 2142 is crucial reversal point as of now and will act as a SL. One important thing to note in this chart is the lack of volume confirmation for the past 2 months fall. What does a fall without volume confirmation mean? Is it bullish or bearish? keep an eye on the stock and you will find for yourselves(:P). CMP 2196 SL 2140 Target 1 - 2370 Target 2 - 2600
NSE:ADANIENTLong
by neeraj_2_sharma