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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 2024-03-22 View latest technical analysis

10 day averaged volume of Adani Power is 11060434

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	531.05	528.80	538.80	524.25	0.12 times
21 Thu Mar 2024	524.25	517.80	528.20	517.00	0.075 times
20 Wed Mar 2024	514.85	523.80	523.80	501.55	0.183 times
19 Tue Mar 2024	518.20	528.95	533.90	515.40	0.093 times
18 Mon Mar 2024	529.40	511.00	532.00	510.00	0.315 times
13 Wed Dec 2023	505.70	519.45	520.00	498.00	0.838 times
12 Tue Dec 2023	516.95	527.65	529.00	512.10	0.464 times
11 Mon Dec 2023	526.15	535.00	539.70	515.10	0.894 times
08 Fri Dec 2023	533.80	566.00	570.00	517.50	1.492 times
07 Thu Dec 2023	562.40	567.95	574.70	552.35	1.448 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 544.2 as stoploss in an intra day sell trade for a target of 487.17. However, stock will show a bullish move above 544.2.

Share price targets for Adani Power (ADANIPOWER)

Target Type	Value
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	498.00
Upside Target	538.80
Upside Target	539.70
Upside Target	589.45

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	508.8
Downside Intraday Target	486.55
Upside Intraday Target	546.05
Upside Intraday Target	561.05
Downside Intraday Target	523.8

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	531.05	511.00	538.80	501.55	0.358 times
13 Wed Dec 2023	505.70	535.00	539.70	498.00	0.158 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

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
22 Fri Mar 2024	531.05	511.00	538.80	501.55	0.045 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
31 Tue Oct 2023	363.05	376.90	377.50	289.35	0.278 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 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 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) ) 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 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 533.1 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.