Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-02 View latest technical analysis

10 day averaged volume of Adani Power is 1196040

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	555.80	557.50	557.80	553.00	0.118 times
01 Fri Mar 2024	554.15	552.40	559.00	550.20	0.827 times
29 Thu Feb 2024	549.95	553.35	564.00	539.00	1.379 times
28 Wed Feb 2024	549.60	564.15	566.50	547.70	0.816 times
27 Tue Feb 2024	566.70	574.80	574.80	561.05	0.769 times
26 Mon Feb 2024	570.45	559.45	575.00	556.00	1.674 times
23 Fri Feb 2024	559.05	562.00	566.00	555.10	0.67 times
22 Thu Feb 2024	562.25	546.50	567.00	517.30	0.998 times
21 Wed Feb 2024	540.75	555.00	560.00	535.00	1.056 times
20 Tue Feb 2024	553.65	570.00	570.85	551.95	0.997 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 551.9 as stoploss in an intra day buy trade for a target of 559.8. However, stock will show a bearish move below 551.9.

Share price targets for Adani Power (ADANIPOWER_BE)

Target Type	Value
Downside Target	249.10
Downside Target	318.50
Downside Target	378.00
Downside Target	506.10
Downside Target	517.30
Downside Target	533.75
Upside Target	575.00
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	538.2
Downside Intraday Target	520.6
Upside Intraday Target	574.2
Upside Intraday Target	592.6
Upside Intraday Target	556.6

Weekly technical analysis of Adani Power (ADANIPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	555.80	559.45	575.00	539.00	1.23 times
23 Fri Feb 2024	559.05	572.00	576.40	517.30	0.881 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

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
02 Sat Mar 2024	555.80	552.40	559.00	550.20	0.038 times
29 Thu Feb 2024	549.95	568.00	584.95	517.30	0.35 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

Scroll below to view daily charts

Price has moved up 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 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 Power ( (ADANIPOWER_BE) ) 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 Power ( (ADANIPOWER_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Adani Power in short term but BUY signal is weak.

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 Power is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 556.77 and Adani Power (ADANIPOWER_BE) 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 Power (ADANIPOWER_BE) stock. Volume based technical analysis of Adani Power (ADANIPOWER_BE) stock is negative.

Adani Power 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.