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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 2024-04-03 View latest technical analysis

10 day averaged volume of Adani Power is 3251065

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	617.85	590.00	617.85	588.45	2.776 times
02 Tue Apr 2024	588.45	575.00	588.45	574.00	2.156 times
01 Mon Apr 2024	560.45	547.70	560.45	544.60	0.771 times
28 Thu Mar 2024	533.80	520.00	538.85	518.55	1.031 times
27 Wed Mar 2024	516.55	529.00	548.10	506.30	2.875 times
26 Tue Mar 2024	522.00	520.30	535.70	519.00	0.491 times
22 Fri Mar 2024	531.05	528.80	538.80	524.25	0.409 times
21 Thu Mar 2024	524.25	517.80	528.20	517.00	0.255 times
20 Wed Mar 2024	514.85	523.80	523.80	501.55	0.622 times
19 Tue Mar 2024	518.20	528.95	533.90	515.40	0.318 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 612.4, for a target of 567.6 or 530.28

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	589.45
Downside Target	617.85

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	569.02
Downside Intraday Target	520.18
Upside Intraday Target	642.27
Upside Intraday Target	666.68
Downside Intraday Target	593.43

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	617.85	547.70	617.85	544.60	1.297 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
03 Wed Apr 2024	617.85	547.70	617.85	544.60	0.806 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 559.09 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.