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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 6183136

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	755.80	705.80	797.00	704.05	5.335 times
30 Thu May 2024	698.40	677.90	709.45	675.55	1.319 times
29 Wed May 2024	679.25	676.00	684.00	666.05	0.767 times
28 Tue May 2024	678.90	704.85	711.80	675.00	0.843 times
27 Mon May 2024	704.85	709.95	717.00	702.05	0.569 times
24 Fri May 2024	707.00	713.50	720.20	703.00	0.8 times
23 Thu May 2024	711.35	700.00	720.50	686.15	1.578 times
22 Wed May 2024	691.45	687.90	715.60	686.05	1.634 times
21 Tue May 2024	680.05	635.35	692.35	627.00	1.981 times
18 Sat May 2024	634.70	636.00	642.00	633.55	0.063 times

Stock of Adani Power (ADANIPOWER) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 761.1, for a target of 701.8 or 652.35

Share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Target	357.60
Downside Target	435.35
Downside Target	470.80
Downside Target	501.55
Downside Target	544.60
Downside Target	572.40
Downside Target	624.60
Downside Target	646.90
Downside Target	652.00
Downside Target	666.05
Downside Target	720.50
Upside Target	797.00

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	682.23
Downside Intraday Target	608.67
Upside Intraday Target	813.18
Upside Intraday Target	870.57
Downside Intraday Target	739.62

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	755.80	709.95	797.00	666.05	1.474 times
24 Fri May 2024	707.00	635.35	720.50	627.00	1.287 times
18 Sat May 2024	634.70	603.10	652.00	580.70	0.799 times
10 Fri May 2024	603.10	603.00	631.00	572.40	2.155 times
03 Fri May 2024	604.70	599.40	624.60	591.55	2.18 times

Price has moved up 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
31 Fri May 2024	755.80	618.00	797.00	572.40	2.503 times
30 Tue Apr 2024	612.45	547.70	646.90	544.60	2.876 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

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Adani Power in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 715.48 and Adani Power (ADANIPOWER) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.