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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 2024-04-01 View latest technical analysis

10 day averaged volume of Adani Power is 3739102

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	560.45	547.70	560.45	544.60	0.67 times
28 Thu Mar 2024	533.80	520.00	538.85	518.55	0.896 times
27 Wed Mar 2024	516.55	529.00	548.10	506.30	2.5 times
26 Tue Mar 2024	522.00	520.30	535.70	519.00	0.427 times
22 Fri Mar 2024	531.05	528.80	538.80	524.25	0.356 times
21 Thu Mar 2024	524.25	517.80	528.20	517.00	0.222 times
20 Wed Mar 2024	514.85	523.80	523.80	501.55	0.541 times
19 Tue Mar 2024	518.20	528.95	533.90	515.40	0.276 times
18 Mon Mar 2024	529.40	511.00	532.00	510.00	0.932 times
13 Wed Dec 2023	505.70	519.45	520.00	498.00	2.478 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 552, but if it comes below 552, then a intra day sell could be more profitable.
If you take a sell trade below 552, then use 552 as stoploss and 513.19 as target. However if you take a buy trade in stock , then use 552 as stoploss and 598.6 as target.

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	456.00
Downside Target	470.80
Downside Target	498.00
Downside Target	538.80
Downside Target	548.10
Downside Target	560.45
Upside Target	589.45

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	549.88
Downside Intraday Target	539.32
Upside Intraday Target	565.73
Upside Intraday Target	571.02
Downside Intraday Target	555.17

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	560.45	547.70	560.45	544.60	0.175 times
28 Thu Mar 2024	533.80	520.30	548.10	506.30	1.642 times
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

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
01 Mon Apr 2024	560.45	547.70	560.45	544.60	0.109 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, 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 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 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 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 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.

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 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 520.71 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.