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(ADANIENSOL) Adani Energy complete technical analysis [charts+indicators] | Buy/Sell Adani Energy | (ADANIENSOL) share price targets

Complete technical analysis of Adani Energy (ADANIENSOL) by charts plus indicators, forecast predictions and share price targets for Adani Energy (ADANIENSOL)

Showing technical analysis as on 2024-05-07 View latest technical analysis

10 day averaged volume of Adani Energy is 1909083

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	1021.55	1058.00	1058.25	1012.35	1.286 times
06 Mon May 2024	1058.50	1060.35	1065.95	1032.15	1.388 times
03 Fri May 2024	1061.55	1045.55	1068.50	1044.00	1.397 times
02 Thu May 2024	1052.85	1065.20	1066.00	1045.60	1.66 times
30 Tue Apr 2024	1065.20	1067.00	1087.30	1060.35	1.835 times
29 Mon Apr 2024	1061.00	1072.85	1072.85	1057.60	1.465 times
26 Fri Apr 2024	1062.85	1055.00	1071.45	1046.50	1.077 times
25 Thu Apr 2024	1050.15	1045.00	1053.95	1040.85	0.221 times
24 Wed Apr 2024	1047.85	1055.00	1056.20	1042.30	0.214 times
23 Tue Apr 2024	1050.05	1048.00	1068.95	1042.05	0.393 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1021.3, for a target of 1040.3 or 1056.08

Share price targets for Adani Energy (ADANIENSOL)

Target Type	Value
Downside Target	915.30
Downside Target	1001.20
Upside Target	1068.50
Upside Target	1068.90
Upside Target	1080.00
Upside Target	1087.30
Upside Target	1095.00
Upside Target	1117.75
Upside Target	1128.85
Upside Target	1190.60
Upside Target	1250.00

Intraday share price targets for Adani Energy (ADANIENSOL)

Target Type	Value
Downside Intraday Target	1000.62
Downside Intraday Target	979.68
Upside Intraday Target	1054.22
Upside Intraday Target	1086.88
Upside Intraday Target	1033.28

Weekly technical analysis of Adani Energy (ADANIENSOL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	1021.55	1060.35	1065.95	1012.35	0.421 times
03 Fri May 2024	1061.55	1072.85	1087.30	1044.00	2.819 times
26 Fri Apr 2024	1062.85	1054.00	1080.00	1040.00	1.434 times
19 Fri Apr 2024	1040.60	1036.40	1068.90	1011.40	1.014 times
12 Fri Apr 2024	1068.90	1105.00	1117.75	1053.00	0.316 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Adani Energy (ADANIENSOL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue May 2024	1021.55	1065.20	1068.50	1012.35	0.422 times
30 Tue Apr 2024	1065.20	1047.10	1128.85	1011.40	0.501 times
28 Thu Mar 2024	1026.70	1075.00	1095.00	915.30	0.837 times
29 Thu Feb 2024	1064.85	1073.00	1190.60	1001.20	1.161 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Adani Energy (ADANIENSOL)

Price action analysis of Adani Energy ( (ADANIENSOL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Adani Energy ( (ADANIENSOL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Adani Energy ( (ADANIENSOL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Adani Energy ( (ADANIENSOL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Adani Energy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Adani Energy in short term and the sell signal is strong.

Adani Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Adani Energy in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Adani Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1054.89 and Adani Energy (ADANIENSOL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Adani Energy (ADANIENSOL) stock. Volume based technical analysis of Adani Energy (ADANIENSOL) stock is negative.

Adani Energy Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.