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Technicals for Adani Energy Solutions Limited
By MusingTheNews
2025-04-25 20:21
Overall Technical outlook
Price Summary
ADANIENSOL's shares experienced a significant -6.51% plunge, indicating a lousy market performance. On 2025-04-25, Adani Energy Solutions Limited's stock began at 978.0, climbed to 981.0, dropped to 905.9, and had -6.51% to end at 914.35, with a volume of 5736273 shares. Over the past year, the stock's highest price was 1275.2, and its lowest was 600.75. 4 analysts forecast that the price of ADANIENSOL will range from 1101.0 to 1978.0, with an average expected price near 1415.25.
Technicals
Support and Resistance: At 914.35, the price is supported by 840.5 and resisted by 940.0. This indicates that the price for Adani Energy Solutions Limited might fluctuate between these levels, with 840.5 acting as a support and 940.0 limiting further upward movement. Support/Resistance for ADANIENSOL
Aroon: The bullish trend in Aroon continues for ADANIENSOL, with Aroon Up maintaining its position at the 100 level. This suggests sustained upward momentum, but further analysis is needed, especially in combination with other indicators, to confirm the trend's future prospects. Aroon chart for Adani Energy Solutions Limited
Bol. Bands: The price crossing under the upper Bollinger Band indicates a possible downward movement. This signal may suggest that the asset is losing bullish momentum and is overbought, leading to a potential correction. Traders often view this as a warning of an impending reversal, making it a critical time to consider potential adjustments to trading positions. Bolinger Bands chart for Adani Energy Solutions Limited
Parabolic SAR: The PSAR for ADANIENSOL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Adani Energy Solutions Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Adani Energy Solutions Limited, which could result in a reversal. Investors should pay attention to this potential change in trend. Stochastic chart for Adani Energy Solutions Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move. Tripple SMA chart for Adani Energy Solutions Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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