Adani Group Stocks - Beginning of the End?
Should you invest in Adani Stocks after the current fall of over 50% from highs?
Read what the chart says.
https://www.equitymaster.com/detail.asp?date=02/02/2023&story=3&title=Adani-Group-Stocks-Beginning-of-the-End&utm_source=homepage&utm_medium=website&utm_campaign=view-on-news&utm_content=adani-group-stocks-beginning-of-the-end-red-link
Should you invest in Adani Stocks after the current fall of over 50% from highs?
Read what the chart says.
https://www.equitymaster.com/detail.asp?date=02/02/2023&story=3&title=Adani-Group-Stocks-Beginning-of-the-End&utm_source=homepage&utm_medium=website&utm_campaign=view-on-news&utm_content=adani-group-stocks-beginning-of-the-end-red-link
Equitymaster
Adani Group Stocks: Beginning of the End?
This is what the technical charts indicate for Adani group stocks.
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A #Thread on decoding the #chart structure of #AdaniEnterprises #AdaniPorts #AdaniTrans #AMBUJACEM #ACC
https://twitter.com/Equitymaster/status/1621127431053791232?t=VHr4UzVujOG4vKUes-ws1g&s=19
https://twitter.com/Equitymaster/status/1621127431053791232?t=VHr4UzVujOG4vKUes-ws1g&s=19
Twitter
"It takes years to build trust and seconds to destroy it." This goes with #AdaniGroup - a three-decade-old company which is fighting to maintain its trust. The #stockprices have corrected over 50%. But is this the end? @bbrijesh decodes the trend #Adanistocks…
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Fast Profits Daily
Nasdaq - The Momentum Breakout The US IT Index- Nasdaq is witnessing the come back from the bearish momentum and confirming the reversal in yesterday's session. The Spring, the lowest point and the bottom as per Wyckoff pattern is held strong in the last…
Nasdaq Updated Chart 📈
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Nasdaq and Dow Jones Transportation Index gains 3% each while Dow Jones manage to close on flat note after opening on a negative note.
Asian markets trade mix as Japan in green while China in red. SGX Nifty is trading above 17,700 gaining 0.35%.
The Bullish Reciprocal Harmonic reversal pattern is visible on the daily chart of SGX Nifty indicates the bullish momentum on cards. It strengthens the pattern as it has formed at 200DEMA.
IT stocks will be in focus as Nasdaq gains over 3%. Nifty IT Index gained 1.8% yesterday signaling the strength in bullish momentum.
Bank Nifty has reversed from multiple support area of 39,500; the bulls should grab the opportunity.
#PreMarket
#SGXNifty
Asian markets trade mix as Japan in green while China in red. SGX Nifty is trading above 17,700 gaining 0.35%.
The Bullish Reciprocal Harmonic reversal pattern is visible on the daily chart of SGX Nifty indicates the bullish momentum on cards. It strengthens the pattern as it has formed at 200DEMA.
IT stocks will be in focus as Nasdaq gains over 3%. Nifty IT Index gained 1.8% yesterday signaling the strength in bullish momentum.
Bank Nifty has reversed from multiple support area of 39,500; the bulls should grab the opportunity.
#PreMarket
#SGXNifty
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Adani Stocks feel the heat for another day 📉
Should you worry about the Banks now?
As per Mar'22 financial statement, the bank loan is ~38% to Adani stocks out of which 28% is from PSU Banks.
SBI is the largest lender, should you trade or invest in the stock?
Watch the video to know the chart pattern of SBI and PSU Bank Index. Click here
#AdaniStocks
#SBI
#PSUBanks
Should you worry about the Banks now?
As per Mar'22 financial statement, the bank loan is ~38% to Adani stocks out of which 28% is from PSU Banks.
SBI is the largest lender, should you trade or invest in the stock?
Watch the video to know the chart pattern of SBI and PSU Bank Index. Click here
#AdaniStocks
#SBI
#PSUBanks
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Forwarded from Equitymaster
Adani Group Stocks: Should You Catch These Falling Knives?
Time to buy the dip in Adani group stocks? Read on to find out what the technical charts say.
http://www.eqtm.in/y5FQt
Time to buy the dip in Adani group stocks? Read on to find out what the technical charts say.
http://www.eqtm.in/y5FQt
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Forwarded from Equitymaster
On the Investor Hour this Week...
Rajashekhar Iyer On His Unique Benjamin Graham+ Approach to Picking Stocks
Rajashekhar Iyer’s stock market journey has taken him from writing notes on stocks for a magazine to being recognized as a super investor.
His unique investing style uses Benjamin Graham’s approach as a base...and to that he has made modifications to evolve a style that is time tested.
This involves when to buy a stock, and when to exit. His approach to position sizing is extremely well thought through, and something investors should emulate.
This fascinating episode is bound to make you think about how you could improve your own approach to stock picking, and portfolio building.
Listen in...
https://youtu.be/gh7o6KHE-qs
Rajashekhar Iyer On His Unique Benjamin Graham+ Approach to Picking Stocks
Rajashekhar Iyer’s stock market journey has taken him from writing notes on stocks for a magazine to being recognized as a super investor.
His unique investing style uses Benjamin Graham’s approach as a base...and to that he has made modifications to evolve a style that is time tested.
This involves when to buy a stock, and when to exit. His approach to position sizing is extremely well thought through, and something investors should emulate.
This fascinating episode is bound to make you think about how you could improve your own approach to stock picking, and portfolio building.
Listen in...
https://youtu.be/gh7o6KHE-qs
YouTube
Rajashekhar Iyer On His Unique Benjamin Graham+ Approach to Picking Stocks | Investor Hour
Get free access to our latest research idea instantly. Visit: http://www.eqtm.in/a8A3L
Rajashekhar Iyer’s stock market journey has taken him from writing notes on stocks for a magazine to being recognized as a super investor.
His unique investing style…
Rajashekhar Iyer’s stock market journey has taken him from writing notes on stocks for a magazine to being recognized as a super investor.
His unique investing style…
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Indian markets ended the week on a positive note while Dow Jones end on a flat note.
After the volatile week and Adani saga, the weekly chart of Nifty trends bullish.
The falling trendline breakout, retest, and reversal candlestick pattern, indicates the bulls are in control of the medium-to-long-term trend.
Index broke out of the falling trendline (black) in November 2022 and rallied to hit a new high of 18,887.
The Piercing Candlestick is visible on charts, signaling a reversal is on the cards.
The icing on the cake is the reversal pattern forming at the long-term moving average of 50WEMA (Weekly Exponential Moving Average). The bulls have an upper hand on the charts but 18,054 will be the nearest hurdle.
SGX Nifty is indicating a flat to negative opening at 17,815.
#PreMarket
#SGXNifty
After the volatile week and Adani saga, the weekly chart of Nifty trends bullish.
The falling trendline breakout, retest, and reversal candlestick pattern, indicates the bulls are in control of the medium-to-long-term trend.
Index broke out of the falling trendline (black) in November 2022 and rallied to hit a new high of 18,887.
The Piercing Candlestick is visible on charts, signaling a reversal is on the cards.
The icing on the cake is the reversal pattern forming at the long-term moving average of 50WEMA (Weekly Exponential Moving Average). The bulls have an upper hand on the charts but 18,054 will be the nearest hurdle.
SGX Nifty is indicating a flat to negative opening at 17,815.
#PreMarket
#SGXNifty
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Adani Stocks Gap Down and Reversing 📉📈
You can track Adani Group Stocks Live Price here
Are you Buying?
👍🏻 Yes
👎🏻 No
❤️ Let the dust settle
You can track Adani Group Stocks Live Price here
Are you Buying?
👍🏻 Yes
👎🏻 No
❤️ Let the dust settle
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Adani Ports amongst Top Gainers in Nifty50 🔥
Should you catch the falling knife?
I have shared the chart patterns on a few Adani Stocks. Read here
#AdaniStocks
Should you catch the falling knife?
I have shared the chart patterns on a few Adani Stocks. Read here
#AdaniStocks
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Fast Profits Daily - Nifty and Midcap Index Trading Levels
This is how I see the Nifty moving from here.
http://www.eqtm.in/a4GSf
This is how I see the Nifty moving from here.
http://www.eqtm.in/a4GSf
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US markets ends in red with Nasdaq losing a percent; Asian starts the day on a positive note. SGX Nifty is trading up by 70 points at 17830.
Metals stocks may witness bearish momentum as Tata Steel numbers disappoints.
Nifty may trend in the range of 17,400 - 18,000 zone as index hovers between 50DEMA and 200DEMA.
Sectors in focus today will be Auto and FMCG.
#PreMarket
#SGXNifty
Metals stocks may witness bearish momentum as Tata Steel numbers disappoints.
Nifty may trend in the range of 17,400 - 18,000 zone as index hovers between 50DEMA and 200DEMA.
Sectors in focus today will be Auto and FMCG.
#PreMarket
#SGXNifty
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Adani Stocks - Light at the end of the Tunnel?
Amid all the negativity in the last couple of weeks, is there some light at the end of the tunnel or it's a dead cat bounce?
As soon as the news of promoters paying $1.1bln before the time to free its pledge share was out, the stock of Adani Group began its reversal journey.
Technically, few of the Adani stocks like Adani Ports, ACC and Ambuja were trading at major support and they are showing the sign of reversal setup on charts.
I wrote about catching the following knives on 3rd Feb 2023 to highlight these setups. Read here
The chart structure indicates the group stocks may witness a short-covering rally and till the recent lows are not taken out, the stock may hold the light at the end of the tunnel perspective.
You can watch the Adani Group stocks Live Stock Price here
#AdaniStocks
#ChartPatterns
Amid all the negativity in the last couple of weeks, is there some light at the end of the tunnel or it's a dead cat bounce?
As soon as the news of promoters paying $1.1bln before the time to free its pledge share was out, the stock of Adani Group began its reversal journey.
Technically, few of the Adani stocks like Adani Ports, ACC and Ambuja were trading at major support and they are showing the sign of reversal setup on charts.
I wrote about catching the following knives on 3rd Feb 2023 to highlight these setups. Read here
The chart structure indicates the group stocks may witness a short-covering rally and till the recent lows are not taken out, the stock may hold the light at the end of the tunnel perspective.
You can watch the Adani Group stocks Live Stock Price here
#AdaniStocks
#ChartPatterns
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