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

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

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Adani Power is 1460468

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	553.65	570.00	570.85	551.95	0.817 times
19 Mon Feb 2024	567.65	572.00	576.40	563.75	0.667 times
16 Fri Feb 2024	563.75	562.00	566.90	555.00	0.695 times
15 Thu Feb 2024	561.85	568.00	569.00	558.80	0.451 times
14 Wed Feb 2024	563.90	552.00	570.00	537.00	0.868 times
13 Tue Feb 2024	562.10	565.00	568.00	533.75	1.144 times
12 Mon Feb 2024	561.85	575.00	584.95	556.00	1.056 times
09 Fri Feb 2024	569.50	569.00	577.45	554.00	0.909 times
08 Thu Feb 2024	563.70	572.00	578.80	561.00	1.517 times
07 Wed Feb 2024	569.70	552.00	574.80	548.00	1.907 times

My analysis of stock is bearish for shortterm, and stock might move down till 542 or till 524.6. Use a stoploss of 556.48 and if the stock hits stoploss, then it can shoot up till 570.98

Share price targets for Adani Power (ADANIPOWER_BE)

Target Type	Value
Downside Target	249.10
Downside Target	315.25
Downside Target	377.80
Downside Target	506.10
Downside Target	533.75
Downside Target	545.00
Upside Target	555.00
Upside Target	576.40
Upside Target	578.80
Upside Target	579.80
Upside Target	584.95

Intraday share price targets for Adani Power (ADANIPOWER_BE)

Target Type	Value
Downside Intraday Target	544.93
Downside Intraday Target	536.22
Upside Intraday Target	569.38
Upside Intraday Target	585.12
Upside Intraday Target	560.67

Weekly technical analysis of Adani Power (ADANIPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	553.65	572.00	576.40	551.95	0.352 times
16 Fri Feb 2024	563.75	575.00	584.95	533.75	0.68 times
09 Fri Feb 2024	569.50	564.70	578.80	545.00	0.647 times
02 Fri Feb 2024	559.40	570.00	579.80	547.00	0.3 times
25 Thu Jan 2024	543.30	536.75	555.00	512.00	4.092 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 Power (ADANIPOWER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	553.65	568.00	584.95	533.75	0.245 times
31 Wed Jan 2024	562.70	525.15	579.80	506.10	2.133 times
29 Fri Dec 2023	525.15	249.10	547.50	249.10	1.194 times
25 Fri Nov 2022	323.95	337.10	378.00	318.50	1.09 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 Power (ADANIPOWER_BE)

Price action analysis of Adani Power ( (ADANIPOWER_BE) ) based on a short 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 Power ( (ADANIPOWER_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Adani Power ( (ADANIPOWER_BE) ) 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 Power ( (ADANIPOWER_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a SELL signal for Adani Power in short term but the sell signal is initial and weak.

Adani Power 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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Adani Power 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

Stock of Adani Power is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 564.37 and Adani Power (ADANIPOWER_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Adani Power Stock is giving positive 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.