Discover and read the best of Twitter Threads about #ADANIENT
Most recents (24)
Some apologists for Adani Group are praying-in-aid @AswathDamodaran - the Finance prof and acknowledged corporate valuation expert from NYU Stern B-School. He appears to reject @HindenburgRes allegation that the whole Adani financing model is a 'con' but read his blog
He sets out his understanding of a con.
"A con game to me has no substance at its core, and its only objective is to fool other people, and part them from their money." By that definition Adani Group is NOT a total fraud operation - of course NOT. There is tangible physical
"A con game to me has no substance at its core, and its only objective is to fool other people, and part them from their money." By that definition Adani Group is NOT a total fraud operation - of course NOT. There is tangible physical
Infrastructure on the ground that generates vast revenues. So where is the fraud?
1. Among #Hindenburg's 'serious contentions" Damodaran acknowledges "the Mauritius-based shell entities, with no real operating purpose, and their links to the Adani Group companies."
1. Among #Hindenburg's 'serious contentions" Damodaran acknowledges "the Mauritius-based shell entities, with no real operating purpose, and their links to the Adani Group companies."
Biggest month ever!
#ADANIENT - Trading this beast whole month. Both LONG & SHORT
Was way late to the party, should have been on this thing way earlier.
Gross return : 30%
Net return: 26.75% (excluding brokerage, taxes and losses from other trades)
// timeline of news events
#ADANIENT - Trading this beast whole month. Both LONG & SHORT
Was way late to the party, should have been on this thing way earlier.
Gross return : 30%
Net return: 26.75% (excluding brokerage, taxes and losses from other trades)
// timeline of news events
Why #ADANIENT
- Big news that had catastrophic effect on the prices
- Which led to upsurge in volatility
- Being in FnO made it free from circuit limits
- High liquidity, less slippage
Such instances are rare in Indian Markets, #YESBANK & #DHFL had similar characteristics.
- Big news that had catastrophic effect on the prices
- Which led to upsurge in volatility
- Being in FnO made it free from circuit limits
- High liquidity, less slippage
Such instances are rare in Indian Markets, #YESBANK & #DHFL had similar characteristics.
Such trades have high R:R and high win rate, like how often you buy something and it goes up 90% on the same day? Bonkers!
> Risk was much higher than my usual risk per trade (while trading cash stocks)
> Traded mostly futures
> Tools used: EMAs, A/VWAPs & intraday high and low
> Risk was much higher than my usual risk per trade (while trading cash stocks)
> Traded mostly futures
> Tools used: EMAs, A/VWAPs & intraday high and low
#AdaniGroup, a conglomerate based out of Ahmadabad was found by Gautam Adani in 1988 with the name of 'Adani Enterprise' (NSE: #ADANIENT). Today, the group does all the businesses one can think of, be it B2B, or B2C.
The group in 2021 stood with Tatas and Ambanis at US$100 bn.
The group in 2021 stood with Tatas and Ambanis at US$100 bn.
The Adani group saw its glory post COVID 19, when the wealth was quadrupled (261%) in a span of two years or so. The figure alone was US$72.5 billion in 2022.
Very recently, the group has acquired cement giants 'Ambuja Cement (NSE: AMBUJACEM).
Very recently, the group has acquired cement giants 'Ambuja Cement (NSE: AMBUJACEM).
It is to no surprise that in 2 years, the flagship #AdaniEnterprises (NSE: ADANIENT) soared almost 3500%. Rest the others, which too saw a great leap forward.
Indian insurance lifeline LIC (NSE: LICI) has also an investment of almost 8% of its AUM ( Assets Under Management).
Indian insurance lifeline LIC (NSE: LICI) has also an investment of almost 8% of its AUM ( Assets Under Management).
You can save LAKHS of your capital by knowing this simple concept of parabolic/vertical move in stocks.
The 90 degree angle inflection point in a stock is a signal to book profit.
Collaborated with @AdityaTodmal
The 90 degree angle inflection point in a stock is a signal to book profit.
Collaborated with @AdityaTodmal
1/ What is a parabolic move?
A parabolic move occurs when the speed at which the stock’s price goes up increases exponentially.
In other words, a parabolic stock is a stock that starts going up really fast.
A parabolic move occurs when the speed at which the stock’s price goes up increases exponentially.
In other words, a parabolic stock is a stock that starts going up really fast.
2/ #IRCTC example:
Monthly TF:
Back to back 6 green candles (each candle represent a month here), so no profit booking has happened.
The angle towards the end of the upmove became much steeper i.e. 90 degree.
Such moves are highly susceptible for a bend in the trend.
Monthly TF:
Back to back 6 green candles (each candle represent a month here), so no profit booking has happened.
The angle towards the end of the upmove became much steeper i.e. 90 degree.
Such moves are highly susceptible for a bend in the trend.
🧵 Thread on Adani Group Valuation
⚡️Despite 50-60% Correction in #Adani Group
lets look at Valuation of all Adani stocks
1. #AdaniEnt :
Stock PE : 150 Vs 10yr Avg PE : 14
PriceToBook : 5.73 Vs 10Yr Avg PB : 0.7
McapToSales : 1.47 Vs 10Yr Avg 0.3
Current Ratio :0.89
⚡️Despite 50-60% Correction in #Adani Group
lets look at Valuation of all Adani stocks
1. #AdaniEnt :
Stock PE : 150 Vs 10yr Avg PE : 14
PriceToBook : 5.73 Vs 10Yr Avg PB : 0.7
McapToSales : 1.47 Vs 10Yr Avg 0.3
Current Ratio :0.89
A current ratio pertains to the liquidity ratio that measures a company's ability to pay off its short-term dues and debts with its current assets in a span of 12 months or less.
A good current ratio is typically anywhere between 1.5 and 2, but it can sometimes depend on the ind
A good current ratio is typically anywhere between 1.5 and 2, but it can sometimes depend on the ind
2. #AdaniPorts
Stock PE : 20 Vs 10yr Avg PE : 21.4
PriceToBook : 2.43 Vs 10Yr Avg PB : 4.2
McapToSales : 6 Vs 10Yr Avg 8.3
Current Ratio : 1.60
Conclusion : Undervalued
Stock PE : 20 Vs 10yr Avg PE : 21.4
PriceToBook : 2.43 Vs 10Yr Avg PB : 4.2
McapToSales : 6 Vs 10Yr Avg 8.3
Current Ratio : 1.60
Conclusion : Undervalued
#AdaniFPO #adani #ADANIENT
What next for Adani group?
A very respected entrepreneur once told me:
If I trust you Ajay, you don’t have to explain. But if I don’t trust you, any amount of explanation is useless.
What next for Adani group?
A very respected entrepreneur once told me:
If I trust you Ajay, you don’t have to explain. But if I don’t trust you, any amount of explanation is useless.
Our world of finance moves on Trust and Trust ONLY and Capital Always Follows Trust.
Trust takes years to build and gets destroyed in seconds.
For leveraged businesses, this matters a lot more than unlevered businesses.
Trust takes years to build and gets destroyed in seconds.
For leveraged businesses, this matters a lot more than unlevered businesses.
Any emergence of reputation risk, leads to re-financing risk, leads to liquidity risk and then it creates solvency risk.
🚨"Adani Group in Crisis: Most Stocks Hit Lower Circuit Limits"
Will this trigger Downward Spiral for the Company?"
According to a report: "Adani tops up collateral on $1 billion loan after stock rout"
🧵to understand Downward Spiral
#Adani #AdaniPower #ADANIENT
Will this trigger Downward Spiral for the Company?"
According to a report: "Adani tops up collateral on $1 billion loan after stock rout"
🧵to understand Downward Spiral
#Adani #AdaniPower #ADANIENT
1) When business owners need money for any reason, they sometimes give some of their company's shares to banks as a guarantee. This is called Pledging.
Adani group has also pledged its stocks for loans.
See below
Adani group has also pledged its stocks for loans.
See below
2) When company's shares go down below a preset value that can cover bank's loan value, the bank will ask for more money or shares as a guarantee that the loan will be paid back. This is called a "margin call".
So, falling Adani stocks can trigger margin call for Adani group.
So, falling Adani stocks can trigger margin call for Adani group.
Hindenburg Reply on Adani’s Response - before CFO Media Interview!
“In terms of substance, Adani’s ‘413 page’ response only included about 30 pages focused on issues related to our report.”
#adani #AdaniGroup #hindenburg #ADANIENT #AdaniEnterprises #Hindenburg
“In terms of substance, Adani’s ‘413 page’ response only included about 30 pages focused on issues related to our report.”
#adani #AdaniGroup #hindenburg #ADANIENT #AdaniEnterprises #Hindenburg
The remainder of the response consisted of 330 pages of court records, along with 53 pages of high-level financials, general information, and details on irrelevant corporate initiatives, such as how it encourages female entrepreneurship and the production of safe vegetables.
Adani Failed To Specifically Answer 62 of Our 88 Questions
Of The Questions It Did Answer, The Group Largely Confirmed Or Attempted to Sidestep Our Findings
Of The Questions It Did Answer, The Group Largely Confirmed Or Attempted to Sidestep Our Findings
Adani made a 413-page response to @HindenburgRes 's report
I read it so that you don't have to
Summarising it below. A thread🧵👇
I read it so that you don't have to
Summarising it below. A thread🧵👇
1/ Adani Group is Deeply over leveraged
- Group has executional excellence
- Net Debt to EBITDA has reduced from 7.6x to 3.2x
- EBITDA has grown at 22%, Net Debt has grown at 11% CAGR in last 9 yrs
- Group has executional excellence
- Net Debt to EBITDA has reduced from 7.6x to 3.2x
- EBITDA has grown at 22%, Net Debt has grown at 11% CAGR in last 9 yrs
2/ Highly pledged promoter stake in group cos
- The promoter pledge has reduced drastically in the last few years
See chart 👇
- The promoter pledge has reduced drastically in the last few years
See chart 👇
#AdaniGroup #adaniports #ADANIENT #ambuja
The real story
Every one in the media is taking about #Adani and it’s valuation, damage done by #HindenbergResearch Having headed Institutional broking business and being on board of think tanks puts several different questions
The real story
Every one in the media is taking about #Adani and it’s valuation, damage done by #HindenbergResearch Having headed Institutional broking business and being on board of think tanks puts several different questions
Now this is what we have seen, complete damage now let me try to break it up in simple language as I perceive, the RL perspective
Let me start with a quote
"The shooter is someone different from the arrow." - RL
#HindenbergResearch #Hindenburg is an arrow no point in talking
Let me start with a quote
"The shooter is someone different from the arrow." - RL
#HindenbergResearch #Hindenburg is an arrow no point in talking
About the arrow, except for the fact
According to the report of the Financial Times, Hindenburg Research was founded by Nathan Anderson. He is from Jerusalem. He has studied International Business Management from the Connecticut University of America so let’s start with Israel
According to the report of the Financial Times, Hindenburg Research was founded by Nathan Anderson. He is from Jerusalem. He has studied International Business Management from the Connecticut University of America so let’s start with Israel
Whether Adani is eligible for raising money via FPO
Rule says you cannot if SEBI investigation is ongoing
A detailed thread on the eligibility test of Adani Enterprises FPO
#AdaniFPO #AdaniGroup #AdaniEnterprises #ADANIENT
Rule says you cannot if SEBI investigation is ongoing
A detailed thread on the eligibility test of Adani Enterprises FPO
#AdaniFPO #AdaniGroup #AdaniEnterprises #ADANIENT
The law
As per regulation 155 of SEBI ICDR Regulations company cannot bring the FPO if investigation by sebi is ongoing or show cause notice has been served and pending
As per regulation 155 of SEBI ICDR Regulations company cannot bring the FPO if investigation by sebi is ongoing or show cause notice has been served and pending
Backstory,In July-21 Govt in parliament responded to questions raised by @MahuaMoitra and stated that SEBI is investigating Adani Group
moneylife.in/article/sebi-d…
moneylife.in/article/sebi-d…
I studied all #Adani charts so that you don't have to
Everyone is telling what #Adani should do.
Nobody is telling what #Adani shareholders should do.
Like and retweet appreciated - telegram.me/chartians
One by one charts with explanation below 👇👇
Everyone is telling what #Adani should do.
Nobody is telling what #Adani shareholders should do.
Like and retweet appreciated - telegram.me/chartians
One by one charts with explanation below 👇👇
#Adanient cmp 2760
Traders : Any pullback till 3150 is a short opportunity
Investors : 3150 should've been your stop, but any crack below 2400, you will suffer deeply.
Traders : Any pullback till 3150 is a short opportunity
Investors : 3150 should've been your stop, but any crack below 2400, you will suffer deeply.
#Adaniports cmp 596
Traders : Any rise till 670 can be a short opportunity
Investors : 500 a good level to add, long term trend still intact
Traders : Any rise till 670 can be a short opportunity
Investors : 500 a good level to add, long term trend still intact
Why has @HindenburgRes come up with the controversial Adani research report now?
How have they engineered their Big Short?
And how they have benefited from it?
Let’s find out in a short 🧵:
#AdaniGroup #stockmarketcrash #Adani #AdaniFPO
How have they engineered their Big Short?
And how they have benefited from it?
Let’s find out in a short 🧵:
#AdaniGroup #stockmarketcrash #Adani #AdaniFPO
Hindenburg Research is a firm that looks for highly leveraged, absurdly valued companies that may undergo a price correction (or even a collapse) in the future.
They’re named after the Hindenburg airship, that went down in flames on 6 May, 1937.
#AdaniGroup #Adani
They’re named after the Hindenburg airship, that went down in flames on 6 May, 1937.
#AdaniGroup #Adani
This time, they’ve set their eyes on Adani group of companies.
They’ve put out a detailed report on how the group is on its way to a spectacular collapse due to fraud and stock manipulation.
Not to mention absurd valuations and debt positions.
#Adani #AdaniEnterprises
They’ve put out a detailed report on how the group is on its way to a spectacular collapse due to fraud and stock manipulation.
Not to mention absurd valuations and debt positions.
#Adani #AdaniEnterprises
Adani Enterprises (#ADANIENT) and Adani Group
I published an update on @smartkarma for subs (link at the end). And I have some Ugly Charts.
I published an update on @smartkarma for subs (link at the end). And I have some Ugly Charts.
And an Ugly Table
Another Ugly Chart
Stuck in #Adani Group stocks ?
Let's find out where the next supports are, what the charts are saying.
Retweet to amplify the reach ⚡️♥️
1. #ADANIWILMAR [AWL]⚡️
Important support at 650 below this can see 600 and even 550.
Let's find out where the next supports are, what the charts are saying.
Retweet to amplify the reach ⚡️♥️
1. #ADANIWILMAR [AWL]⚡️
Important support at 650 below this can see 600 and even 550.
2. #ADANIPOWER ⚡️
More pain left next support at 300 for Adanipower now. Bullish only if starts closing above 350.
More pain left next support at 300 for Adanipower now. Bullish only if starts closing above 350.
3. #ADANIENT ⚡️
Strongest of them all, charts saying stock stuck in a range. Support zones at 3060-3000. Resistance at 3450.
Strongest of them all, charts saying stock stuck in a range. Support zones at 3060-3000. Resistance at 3450.
Market Update (14th Sept)
FIIs & DIIs (in crore)
FII: +1956.98
DII: -1268.43
SGX Nifty: -279.00
Price Band Revised From 10% To 5%: Reliance Infra, Reliance Power, Sanghi Inds, Tata Teleservices (Maharashtra)
FIIs & DIIs (in crore)
FII: +1956.98
DII: -1268.43
SGX Nifty: -279.00
Price Band Revised From 10% To 5%: Reliance Infra, Reliance Power, Sanghi Inds, Tata Teleservices (Maharashtra)
Price Band Revised From 20% To 5%: JWL, Kingfa Science, Spandana Sphoorty, Titagarh Wagons, Zee Media Corp
Record-Date Dividend: CARE Ratings
Record-Date Final Dividend: Prince Pipes, CMS Info
Record-Date Dividend: CARE Ratings
Record-Date Final Dividend: Prince Pipes, CMS Info
Stocks To Track As Per Our App/Website: #ADANIPORTS, #ADANIENT, #DBCORP
Nifty Future:
Buy @ 17890, 1st Target: 17970, 2nd Target: 17999, Please Keep SL: 17830
Sell @ 17830, 1st Target: 17750, 2nd Target: 17700, Please Keep SL: 18570
Nifty Future:
Buy @ 17890, 1st Target: 17970, 2nd Target: 17999, Please Keep SL: 17830
Sell @ 17830, 1st Target: 17750, 2nd Target: 17700, Please Keep SL: 18570
Technical analysis on 7 Adani stocks
Might help for planning a move ahead
Last one is personal fav
🧵 A Thread 🧵
#Nifty #Adani #StocksToBuy #stockmarkets #StockMarket #stockstowatch #StocksToTrade #nseindia #NSE
@kuttrapali26 @nakulvibhor @Curious_Indian_ @VCPSwing
Might help for planning a move ahead
Last one is personal fav
🧵 A Thread 🧵
#Nifty #Adani #StocksToBuy #stockmarkets #StockMarket #stockstowatch #StocksToTrade #nseindia #NSE
@kuttrapali26 @nakulvibhor @Curious_Indian_ @VCPSwing
1) #Adani total gas limited (#ATGL)
- Consolidating in tight range
- 4.8% approx from ATH and might give a BO soon
- Dried volumes
- In uptrend hence higher chances of BO
- Near 21 EMA
Buy price :- 3771
TGT :- 4238
SL :- 3497
@Chartsbank @charts_breakout
- Consolidating in tight range
- 4.8% approx from ATH and might give a BO soon
- Dried volumes
- In uptrend hence higher chances of BO
- Near 21 EMA
Buy price :- 3771
TGT :- 4238
SL :- 3497
@Chartsbank @charts_breakout
2) #adanitransmission
- Gave a BO from triangle pattern
- Dried volumes
- Low volume on BO hence caution
- If volumes increase on next candle then only enter
the stock
Buy Price :- 4027
TGT :- 4370
SL :- 3854
@charts_zone @chartswealth
- Gave a BO from triangle pattern
- Dried volumes
- Low volume on BO hence caution
- If volumes increase on next candle then only enter
the stock
Buy Price :- 4027
TGT :- 4370
SL :- 3854
@charts_zone @chartswealth
10 Trade Ideas for August 2022 🧵🧵
Started this new Monthly Thread
Re-Tweet and like for Max Reach 🙏
#investing #stocks
Started this new Monthly Thread
Re-Tweet and like for Max Reach 🙏
#investing #stocks
1) #AmbujaCement
- Looks prime setup for pump in short term
- 400+ expected in short term
Disc - Invested
- Looks prime setup for pump in short term
- 400+ expected in short term
Disc - Invested
2) #YesBank
As already posted above 15 Yes Bank can pump well in short term.
Price action may change completely.
Chart will be posted in telegram
As already posted above 15 Yes Bank can pump well in short term.
Price action may change completely.
Chart will be posted in telegram
One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book profits
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book profits
Post that the plight of the stock:
thread alerts 🧵
how to give simple ranking to stocks witch is trending higher & witch is trending lower
for simple ranking you can use CCI indicator
for identified top strong & top weak stocks.
@Trendmyfriends
1⃣
how to give simple ranking to stocks witch is trending higher & witch is trending lower
for simple ranking you can use CCI indicator
for identified top strong & top weak stocks.
@Trendmyfriends
1⃣
CCI Developed by Donald Lambert
⚡️The Commodity Channel Index (CCI) is a momentum-based oscillator used to help determine a price trend direction and strength of stocks
⚡️CCI measures the difference between the current price and the historical average price.
2⃣
⚡️The Commodity Channel Index (CCI) is a momentum-based oscillator used to help determine a price trend direction and strength of stocks
⚡️CCI measures the difference between the current price and the historical average price.
2⃣
⚡️The Formula for the CCI
CCI= (Typical Price−MA) /( 0.015×Mean Deviation)
how we use it
⚡️When the CCI is above zero, it indicates the price is above the historic average. Conversely, when the CCI is below zero, the price is below the historic average.
3⃣
CCI= (Typical Price−MA) /( 0.015×Mean Deviation)
how we use it
⚡️When the CCI is above zero, it indicates the price is above the historic average. Conversely, when the CCI is below zero, the price is below the historic average.
3⃣
“Last Diwali to this Diwali: Summary of Momentum Investments/ Trades taken (#MostlyMomentum)!!”:
Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:
•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:
•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
this (IPOs) helped in a way, best #DMART has still been the best of IPOs I applied for, got allotment, and kept for couple of months and captured fastest 282% of my #StockMarket journey.
• During 2017-18, decided not to go after TV Tips,
• During 2017-18, decided not to go after TV Tips,
and started doing something on my own including a little Option “BUYING” 12, lost some funds in Option Buying, but gained a lot of experience regarding not to so something you don’t know. Alongside this, also started exploring cash market strategies of buying what is going up and
My 🔟 Biggest Trading Mistakes 🧵
1⃣ Not having a trading plan
Initially, I had no proper trading plan.
Risk and rewards were not defined.
even when I tried to make a plan, I couldn't stick to it due to 2nd guessing and ended up making losses.
Overtrading and oversize are normal for traders without plan.
Initially, I had no proper trading plan.
Risk and rewards were not defined.
even when I tried to make a plan, I couldn't stick to it due to 2nd guessing and ended up making losses.
Overtrading and oversize are normal for traders without plan.
2⃣ Trying to buy bottoms and selling tops
'Squeezing the last drop of profit is the sure recipe to get rekt'
I tried to buy oversold stocks and sell overbought stocks..
Guess what??
ended up making losses
In trading, momentum is our friend, Try to be in the direction of trend.
'Squeezing the last drop of profit is the sure recipe to get rekt'
I tried to buy oversold stocks and sell overbought stocks..
Guess what??
ended up making losses
In trading, momentum is our friend, Try to be in the direction of trend.
