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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.

Showing technical analysis as on 2023-12-11 View latest technical analysis

10 day averaged volume of Adani Power is 29946200

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	526.15	535.00	539.70	515.10	0.33 times
08 Fri Dec 2023	533.80	566.00	570.00	517.50	0.551 times
07 Thu Dec 2023	562.40	567.95	574.70	552.35	0.535 times
06 Wed Dec 2023	560.45	545.00	589.45	539.00	1.551 times
05 Tue Dec 2023	538.15	463.00	545.80	456.00	1.98 times
04 Mon Dec 2023	464.70	494.00	494.00	458.50	0.504 times
01 Fri Dec 2023	440.40	437.00	454.80	435.35	0.46 times
30 Thu Nov 2023	431.50	433.00	436.60	417.10	0.385 times
29 Wed Nov 2023	433.10	456.70	470.80	426.80	1.477 times
28 Tue Nov 2023	446.20	407.00	464.40	407.00	2.253 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 505.7, but if it comes below 505.7, then a intra day sell could be more profitable.
If you take a sell trade below 505.7, then use 505.7 as stoploss and 442.19 as target. However if you take a buy trade in stock , then use 505.7 as stoploss and 581.8 as target.

Share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Target	260.60
Downside Target	289.35
Downside Target	312.25
Downside Target	357.60
Downside Target	377.50
Downside Target	400.80
Downside Target	435.35
Downside Target	456.00
Downside Target	470.80
Downside Target	515.10
Upside Target	539.70
Upside Target	589.45

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	514.27
Downside Intraday Target	502.38
Upside Intraday Target	538.87
Upside Intraday Target	551.58
Upside Intraday Target	526.98

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	526.15	535.00	539.70	515.10	0.065 times
08 Fri Dec 2023	533.80	494.00	589.45	456.00	1.119 times
01 Fri Dec 2023	440.40	407.00	470.80	407.00	2.72 times
24 Fri Nov 2023	397.20	387.30	400.80	380.05	0.977 times
17 Fri Nov 2023	387.30	403.60	404.25	385.80	0.51 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
11 Mon Dec 2023	526.15	437.00	589.45	435.35	0.485 times
30 Thu Nov 2023	431.50	364.50	470.80	357.60	3.291 times
31 Tue Oct 2023	363.05	376.90	377.50	289.35	0.278 times
29 Fri Sep 2023	377.45	315.00	409.70	312.25	0.9 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)

Price action analysis of Adani Power ( (ADANIPOWER) ) 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) ) based on a short 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL 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 493.85 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.