ADANIENT Trade Setup | Educational Analysis Only
📢 Disclaimer:
This analysis is purely for educational purposes and not a recommendation to buy or sell. I share these ideas to help others learn; you should always do your own analysis before making any trading decisions. 📊✅
📌 Market Overview & Trade Idea
ADANIENT is seeing a potential reversal zone forming. Based on technical analysis:
we can see a perfect ellipse has formed
✔️ Support Zone Identified – The price has reached a key level where it may reverse.
✔️ Potential Targets:
50% Target: ₹2,540.35
Final Target: ₹2,818.45
If the price respects the reversal zone, an uptrend might follow toward the targets. However, if it breaks below support, further downside is possible.
🔍 Find Your Own Entry Strategy!
To maximize confidence in a trade, look for strong candlestick confirmation before entering. For me, a strong hammer candle with a long wick and shadow would be a reliable sign of a reversal. 📉➡️📈
💬 What’s your favorite entry confirmation? Drop your thoughts in the comments! ⬇️
This analysis is purely for educational purposes and not a recommendation to buy or sell. I share these ideas to help others learn; you should always do your own analysis before making any trading decisions. 📊✅
📌 Market Overview & Trade Idea
ADANIENT is seeing a potential reversal zone forming. Based on technical analysis:
we can see a perfect ellipse has formed
✔️ Support Zone Identified – The price has reached a key level where it may reverse.
✔️ Potential Targets:
50% Target: ₹2,540.35
Final Target: ₹2,818.45
If the price respects the reversal zone, an uptrend might follow toward the targets. However, if it breaks below support, further downside is possible.
🔍 Find Your Own Entry Strategy!
To maximize confidence in a trade, look for strong candlestick confirmation before entering. For me, a strong hammer candle with a long wick and shadow would be a reliable sign of a reversal. 📉➡️📈
💬 What’s your favorite entry confirmation? Drop your thoughts in the comments! ⬇️
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.