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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 2024-09-09 View latest technical analysis

10 day averaged volume of Adani Power is 5078408

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	635.20	635.00	645.00	621.00	0.78 times
06 Fri Sep 2024	634.70	644.00	648.05	630.00	0.502 times
05 Thu Sep 2024	643.85	652.20	655.90	641.00	0.438 times
04 Wed Sep 2024	650.85	649.30	659.00	649.00	0.489 times
03 Tue Sep 2024	659.10	670.20	672.00	657.05	0.774 times
02 Mon Sep 2024	670.20	635.00	684.45	628.05	3.884 times
30 Fri Aug 2024	632.05	648.50	649.70	629.40	0.941 times
29 Thu Aug 2024	644.30	640.00	650.00	628.50	0.918 times
28 Wed Aug 2024	641.55	657.00	658.85	638.15	0.704 times
27 Tue Aug 2024	654.10	665.00	671.95	651.70	0.679 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 643.3, but if it comes above 643.3, then a intra day buy could be more profitable.
If you take a sell trade below 643.3, then use 643.3 as stoploss and 616.2 as target. However if you take a buy trade in stock , then use 643.3 as stoploss and 665.84 as target.

Share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Target	572.40
Downside Target	620.00
Upside Target	671.00
Upside Target	684.45
Upside Target	702.50
Upside Target	706.75
Upside Target	749.30
Upside Target	752.90
Upside Target	797.00
Upside Target	895.85

Intraday share price targets for Adani Power (ADANIPOWER)

Target Type	Value
Downside Intraday Target	622.47
Downside Intraday Target	609.73
Upside Intraday Target	646.47
Upside Intraday Target	657.73
Downside Intraday Target	633.73

Weekly technical analysis of Adani Power (ADANIPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	635.20	635.00	645.00	621.00	0.128 times
06 Fri Sep 2024	634.70	635.00	684.45	628.05	1.555 times
30 Fri Aug 2024	632.05	674.50	679.00	628.50	0.418 times
23 Fri Aug 2024	675.80	698.00	706.75	671.00	0.646 times
16 Fri Aug 2024	697.40	675.00	702.50	620.00	0.984 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
09 Mon Sep 2024	635.20	635.00	684.45	621.00	0.148 times
30 Fri Aug 2024	632.05	720.00	752.90	620.00	2.487 times
31 Wed Jul 2024	734.45	717.00	749.30	646.50	0.345 times
28 Fri Jun 2024	718.60	870.00	895.85	640.00	1.658 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 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 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 short to mid 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 mid to longer 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.

ADX buy sell signal for Adani Power stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Adani Power in short term and the sell signal is strong.

Adani Power Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Adani Power in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 653.83 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.