Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ADANIPOWER_BE) Adani Power complete technical analysis [charts+indicators] | Buy/Sell Adani Power | (ADANIPOWER_BE) share price targets

Complete technical analysis of Adani Power (ADANIPOWER_BE) by charts plus indicators, forecast predictions and share price targets for Adani Power (ADANIPOWER_BE)

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Adani Power is 1112733

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	559.90	555.80	563.20	553.00	1.166 times
02 Sat Mar 2024	555.80	557.50	557.80	553.00	0.127 times
01 Fri Mar 2024	554.15	552.40	559.00	550.20	0.889 times
29 Thu Feb 2024	549.95	553.35	564.00	539.00	1.482 times
28 Wed Feb 2024	549.60	564.15	566.50	547.70	0.877 times
27 Tue Feb 2024	566.70	574.80	574.80	561.05	0.826 times
26 Mon Feb 2024	570.45	559.45	575.00	556.00	1.799 times
23 Fri Feb 2024	559.05	562.00	566.00	555.10	0.721 times
22 Thu Feb 2024	562.25	546.50	567.00	517.30	1.073 times
21 Wed Feb 2024	540.75	555.00	560.00	535.00	1.135 times

My analysis of stock is bearish for shortterm, and stock might move down till 552.8 or till 543.8. Use a stoploss of 560.31 and if the stock hits stoploss, then it can shoot up till 567.82

Share price targets for Adani Power (ADANIPOWER_BE)

Target Type	Value
Downside Target	249.10
Downside Target	318.50
Downside Target	378.00
Downside Target	506.10
Downside Target	517.30
Downside Target	533.75
Upside Target	563.20
Upside Target	575.00
Upside Target	576.40
Upside Target	578.80
Upside Target	579.80
Upside Target	584.95

Intraday share price targets for Adani Power (ADANIPOWER_BE)

Target Type	Value
Downside Intraday Target	554.2
Downside Intraday Target	548.5
Upside Intraday Target	564.4
Upside Intraday Target	568.9
Downside Intraday Target	558.7

Weekly technical analysis of Adani Power (ADANIPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	559.90	555.80	563.20	553.00	0.194 times
02 Sat Mar 2024	555.80	559.45	575.00	539.00	1.23 times
23 Fri Feb 2024	559.05	572.00	576.40	517.30	0.881 times
16 Fri Feb 2024	563.75	575.00	584.95	533.75	0.68 times
09 Fri Feb 2024	569.50	564.70	578.80	545.00	0.647 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	559.90	552.40	563.20	550.20	0.082 times
29 Thu Feb 2024	549.95	568.00	584.95	517.30	0.35 times
31 Wed Jan 2024	562.70	525.15	579.80	506.10	2.133 times
29 Fri Dec 2023	525.15	249.10	547.50	249.10	1.194 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_BE)

Price action analysis of Adani Power ( (ADANIPOWER_BE) ) 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_BE) ) 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_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Adani Power ( (ADANIPOWER_BE) ) 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 SELL. Signal strength is Strong and stock is losing 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. 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 557.46 and Adani Power (ADANIPOWER_BE) 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_BE) stock. Volume based technical analysis of Adani Power (ADANIPOWER_BE) 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.