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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 2024-08-29 View latest technical analysis

10 day averaged volume of Adani Energy is 2028735

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1004.10	1025.50	1027.00	984.00	3.211 times
28 Wed Aug 2024	1027.15	1050.90	1050.90	1022.50	0.928 times
27 Tue Aug 2024	1046.15	1055.15	1062.00	1043.50	0.65 times
26 Mon Aug 2024	1053.35	1066.55	1076.00	1041.35	0.844 times
23 Fri Aug 2024	1065.65	1081.00	1086.00	1060.00	0.722 times
22 Thu Aug 2024	1077.75	1092.00	1099.90	1075.00	0.958 times
21 Wed Aug 2024	1088.40	1099.70	1115.50	1075.00	1.01 times
20 Tue Aug 2024	1099.90	1097.85	1110.25	1090.80	0.542 times
19 Mon Aug 2024	1092.55	1089.80	1111.90	1089.80	0.878 times
16 Fri Aug 2024	1085.30	1126.90	1138.00	1073.10	1.571 times

Stock of Adani Energy (ADANIENSOL) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1036.8, but if it comes above 1036.8, then a intra day buy could be more profitable.
If you take a sell trade below 1036.8, then use 1036.8 as stoploss and 958.1 as target. However if you take a buy trade in stock , then use 1036.8 as stoploss and 1102.31 as target.

Share price targets for Adani Energy (ADANIENSOL)

Target Type	Value
Downside Target	831.50
Downside Target	970.50
Upside Target	1011.40
Upside Target	1036.05
Upside Target	1128.85
Upside Target	1138.00
Upside Target	1154.80
Upside Target	1168.80
Upside Target	1231.95
Upside Target	1249.40
Upside Target	1348.00

Intraday share price targets for Adani Energy (ADANIENSOL)

Target Type	Value
Downside Intraday Target	966.73
Downside Intraday Target	929.37
Upside Intraday Target	1058.73
Upside Intraday Target	1113.37
Upside Intraday Target	1021.37

Weekly technical analysis of Adani Energy (ADANIENSOL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1004.10	1066.55	1076.00	984.00	1.371 times
23 Fri Aug 2024	1065.65	1089.80	1115.50	1060.00	0.434 times
16 Fri Aug 2024	1085.30	1072.00	1138.00	1036.05	0.692 times
09 Fri Aug 2024	1103.80	1200.00	1231.95	1094.30	0.476 times
02 Fri Aug 2024	1261.80	1059.15	1348.00	1047.85	4.676 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
29 Thu Aug 2024	1004.10	1120.00	1348.00	984.00	2.446 times
31 Wed Jul 2024	1138.05	1003.65	1168.80	975.00	0.656 times
28 Fri Jun 2024	997.35	1249.00	1249.40	831.50	1.557 times
31 Fri May 2024	1122.80	1065.20	1154.80	970.50	1.643 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 to mid 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term but buying is losing 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 1052.5 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 negative.

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