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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 2024-04-05 View latest technical analysis

10 day averaged volume of Adani Power is 4473541

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	626.70	630.00	636.50	618.15	0.875 times
04 Thu Apr 2024	642.00	630.15	646.90	627.65	1.725 times
03 Wed Apr 2024	617.85	590.00	617.85	588.45	2.018 times
02 Tue Apr 2024	588.45	575.00	588.45	574.00	1.567 times
01 Mon Apr 2024	560.45	547.70	560.45	544.60	0.56 times
28 Thu Mar 2024	533.80	520.00	538.85	518.55	0.749 times
27 Wed Mar 2024	516.55	529.00	548.10	506.30	2.089 times
26 Tue Mar 2024	522.00	520.30	535.70	519.00	0.357 times
22 Fri Mar 2024	531.05	528.80	538.80	524.25	0.298 times
21 Thu Mar 2024	524.25	517.80	528.20	517.00	0.185 times

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 634.6, for a target of 587.6 or 548.46

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
Upside Target	646.90

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	565.23
Downside Intraday Target	503.77
Upside Intraday Target	667.53
Upside Intraday Target	708.37
Downside Intraday Target	606.07

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	626.70	547.70	646.90	544.60	2.111 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Adani Power (ADANIPOWER)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	626.70	547.70	646.90	544.60	1.312 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 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 but buying is losing 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 581.32 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.