ADANIENT trade ideas
ADANI ENETRPRISES 💚🤣💔hello ji,
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Here we all know about ADANI STOCK.
And make reverse head and shoulder. 💚💚💚🤞
Here ADANI ENETRPRISES IS IN a make and break levels.
If ADANI stock are bullish tomorrow then market also bullish
else: market is bearish.
THANK YOU... 🙏🙏🙏
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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?
ADANIENT SHORTAdani enterprises after breaking the support zone is going for the re-test.
Good to enter after 1 red candle from the above level (3850).
Target :- 3200
Stoploss :- 4000
Good risk to reward ratio, but only enter once it reverses from the above zone.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Adani stocks is at euphoria 2.6 T debt trapDisclaimer : It is not a financial advice am not a professional I don't take responsibility for your loss or this post is not to hurt anyone sentiment or reputation it is for educational
purposes.......
Since feku become our god saviour adani stocks touching new highs adani modern gigantic bubble, you guys must have heard about Harshad Mehta that was just peanuts the real ring master is in these stocks too many peoples are going to lose too much money My aim here is not to cause panic please note do your own research first
if you are investor or a trader try to take profits it is time to sell real sell signal sell or say away from adani stock it is overleveraged and this time banking sector will collapse with adani you must have heard that Indian economy doing okay look at world economy this worry me more am here to protect you from huge financial loss as well look at the PE ratios and debt to equity ratios this will not end well I suggest you not to buy it and if you are holding it time to sell this is max financial risk area
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 !!!
ADANIENT - A typical bubble burst Chart says it all. 231 rs could be the final stop, with multiple levels on the way. Not directly ofcourse but it's the start today. Look for very quick short bounces in purple box region especially.
Typical Charts of other bubble bursts from the past which could tell the story of ADANIENT ahead. Blueline in the charts below represent where we could be right now on the charts below
1. NaturalGas -
2. Meta -
3. Netflix -