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(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 2024-03-05 View latest technical analysis

10 day averaged volume of Adani Power is 1123139

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	573.85	558.80	580.00	555.30	1.891 times
04 Mon Mar 2024	559.90	555.80	563.20	553.00	1.155 times
02 Sat Mar 2024	555.80	557.50	557.80	553.00	0.126 times
01 Fri Mar 2024	554.15	552.40	559.00	550.20	0.88 times
29 Thu Feb 2024	549.95	553.35	564.00	539.00	1.468 times
28 Wed Feb 2024	549.60	564.15	566.50	547.70	0.869 times
27 Tue Feb 2024	566.70	574.80	574.80	561.05	0.819 times
26 Mon Feb 2024	570.45	559.45	575.00	556.00	1.783 times
23 Fri Feb 2024	559.05	562.00	566.00	555.10	0.714 times
22 Thu Feb 2024	562.25	546.50	567.00	517.30	1.063 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 568.3, but if it comes below 568.3, then a intra day sell could be more profitable.
If you take a sell trade below 568.3, then use 568.3 as stoploss and 560.52 as target. However if you take a buy trade in stock , then use 568.3 as stoploss and 577.7 as target.

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	575.00
Upside Target	578.80
Upside Target	579.80
Upside Target	580.00
Upside Target	584.95

Intraday share price targets for Adani Power (ADANIPOWER_BE)

Target Type	Value
Downside Intraday Target	557.9
Downside Intraday Target	541.95
Upside Intraday Target	584.9
Upside Intraday Target	595.95
Downside Intraday Target	568.95

Weekly technical analysis of Adani Power (ADANIPOWER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	573.85	555.80	580.00	553.00	0.512 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
05 Tue Mar 2024	573.85	552.40	580.00	550.20	0.154 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 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_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 to mid 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 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 Weak and stock is losing momentum.

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

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 SELL signal in short term but selling is losing 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 562.08 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.