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

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

Adani Power trades in NSE in Electric Utilities sector.

10 day averaged volume of Adani Power is 2194483

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	591.60	597.75	601.65	587.05	0.867 times
25 Thu Apr 2024	592.35	594.60	596.00	589.25	0.689 times
24 Wed Apr 2024	596.50	601.00	604.90	589.60	0.585 times
23 Tue Apr 2024	602.45	600.00	608.00	599.00	0.779 times
22 Mon Apr 2024	596.90	608.25	609.70	595.50	0.576 times
19 Fri Apr 2024	594.55	571.00	602.00	571.00	1.077 times
18 Thu Apr 2024	598.10	611.95	616.00	595.00	1.223 times
16 Tue Apr 2024	601.60	586.90	607.00	586.85	0.961 times
15 Mon Apr 2024	591.15	589.00	611.80	568.25	2.051 times
12 Fri Apr 2024	595.20	615.00	615.00	590.80	1.367 times

My analysis of stock is bearish for shortterm, and stock might move down till 566.1 or till 531.9. Use a stoploss of 594.57 and if the stock hits stoploss, then it can shoot up till 623.08

Share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Target	289.35
Downside Target	357.60
Downside Target	377.50
Downside Target	435.35
Downside Target	470.80
Downside Target	501.55
Downside Target	544.60
Downside Target	568.25
Downside Target	587.05
Upside Target	609.70
Upside Target	616.00
Upside Target	632.60
Upside Target	646.90

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	582.53
Downside Intraday Target	573.47
Upside Intraday Target	605.18
Upside Intraday Target	618.77
Upside Intraday Target	596.12

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	591.60	608.25	609.70	587.05	0.658 times
19 Fri Apr 2024	594.55	589.00	616.00	568.25	1.308 times
12 Fri Apr 2024	595.20	632.00	632.60	590.80	0.295 times
05 Fri Apr 2024	626.70	547.70	646.90	544.60	2.111 times
28 Thu Mar 2024	533.80	520.30	548.10	506.30	1.642 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)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	591.60	547.70	646.90	544.60	2.541 times
28 Thu Mar 2024	533.80	511.00	548.10	501.55	0.12 times
13 Wed Dec 2023	505.70	437.00	589.45	435.35	0.524 times
30 Thu Nov 2023	431.50	364.50	470.80	357.60	3.291 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Adani Power (ADANIPOWER)

Price action analysis of Adani Power ( (ADANIPOWER) ) 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) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Adani Power ( (ADANIPOWER) ) 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 Power ( (ADANIPOWER) ) 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. Bears are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 595.49 and Adani Power (ADANIPOWER) 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) stock. Volume based technical analysis of Adani Power (ADANIPOWER) 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.