This article examines the stock market volatility and investor behavior in India...
Technicals for Adani Green Energy Limited
By MusingTheNews
2025-04-25 20:21
Overall Technical outlook
Price Summary
The stock of ADANIGREEN slumped -6.31% today, reflecting a lousy market performance. On 2025-04-25, Adani Green Energy Limited's stock started at 974.0, soared to 975.85, dropped to 903.7, and finished the day -6.31% lower at 912.55, with a trading volume of 6822642 shares. The stock's peak price over the last 52 weeks is 2070.55, with the lowest being 768.55. The anticipated price is forecasted to be between 800.0 and 1802.0, with an average price expectation of 1282.0, based on input from 7 analysts.
Technicals
Support and Resistance: At 912.55, the price for ADANIGREEN is supported at 889.75 and resisted at 988.4. This indicates a trading range where 889.75 serves as a support level, potentially preventing further decline, while 988.4 could limit upward movement. Support/Resistance for ADANIGREEN
Aroon: The continuation of Aroon's bullish trend, with Aroon Up holding at the 100 level, points to strong market momentum. However, to fully understand the trend's implications, it should be analyzed further in conjunction with other indicators. Aroon chart for Adani Green Energy Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Adani Green Energy Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for ADANIGREEN. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Adani Green Energy Limited
Stochastic: The current state of the STOCHASTIC is neutral for ADANIGREEN, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Adani Green Energy Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Adani Green Energy Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into how digital technologies are transforming financial services in...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.