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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 2024-04-16 View latest technical analysis

10 day averaged volume of Adani Power is 4358825

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	601.60	586.90	607.00	586.85	0.484 times
15 Mon Apr 2024	591.15	589.00	611.80	568.25	1.032 times
12 Fri Apr 2024	595.20	615.00	615.00	590.80	0.688 times
10 Wed Apr 2024	617.85	621.40	621.90	610.00	0.348 times
09 Tue Apr 2024	616.35	617.00	632.00	611.40	0.491 times
08 Mon Apr 2024	611.05	632.00	632.60	606.00	0.518 times
05 Fri Apr 2024	626.70	630.00	636.50	618.15	0.898 times
04 Thu Apr 2024	642.00	630.15	646.90	627.65	1.771 times
03 Wed Apr 2024	617.85	590.00	617.85	588.45	2.071 times
02 Tue Apr 2024	588.45	575.00	588.45	574.00	1.608 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 613.4 as stoploss in an intra day sell trade for a target of 568.22. However, stock will show a bullish move above 613.4.

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	470.80
Downside Target	501.55
Downside Target	538.80
Downside Target	568.25
Downside Target	589.45
Downside Target	590.80
Upside Target	611.80
Upside Target	632.60
Upside Target	646.90

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	575.97
Downside Intraday Target	550.33
Upside Intraday Target	619.52
Upside Intraday Target	637.43
Downside Intraday Target	593.88

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	601.60	589.00	611.80	568.25	0.741 times
12 Fri Apr 2024	595.20	632.00	632.60	590.80	0.295 times
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

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
16 Tue Apr 2024	601.60	547.70	646.90	544.60	1.987 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, and volume has increased substantially. This means that the move can 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Weak 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 but BUY 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

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 612.62 and Adani Power (ADANIPOWER) stock is trading below this level. This means that stock is falling with high volumes. 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.