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Technicals for Adani Green Energy Limited
By MusingTheNews
2025-10-17 20:21
Overall Technical outlook
Price Summary
On 2025-10-16, Adani Green Energy Limited's stock began at 1055.0, peaked at 1067.0, bottomed at 1052.5, and closed 0.5% higher at 1060.3, with a volume of 1741864 shares. The highest price the stock achieved in the past 52 weeks is 1736.05, while the lowest price it saw is 768.55. Analysts predict that the future price will fluctuate between 792.0 and 1522.0, with the mean expected price being approximately 1240.4286.
Technicals
Support and Resistance: The price sits at 1060.3, supported by 1014.0 and resisted by 1060.5. This indicates a trading range where 1014.0 provides a floor, preventing declines, and 1060.5 acts as a ceiling, limiting further price increases for ADANIGREEN. Support/Resistance for ADANIGREEN
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Adani Green Energy Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Adani Green Energy Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Adani Green Energy Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for ADANIGREEN. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Adani Green Energy Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Adani Green Energy Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Adani Green Energy Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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