An engaging overview of the latest fintech and digital banking trends —...
Technicals for Adani Power Limited
By MusingTheNews
2026-02-02 20:21
Overall Technical outlook
Price Summary
On 2026-02-02, Adani Power Limited's stock opened at 133.48, reached a high of 135.0, dropped to a low of 130.63, and closed up 0.84% at 134.6, with a trading volume of 10578217 shares. The stock's highest value over the last 52 weeks is 709.4, and the lowest value is 132.96. Analysts' predictions indicate that ADANIPOWER's future price will be between 173.0 and 187.0, with a mean price expectation of approximately 182.16667.
Technicals
Support and Resistance: The price of 134.6 is supported at 132.96 and faces resistance at 144.65. This range suggests key levels for ADANIPOWER where the price may stabilize, with 132.96 acting as a support and 144.65 as a cap on gains. Support/Resistance for ADANIPOWER
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Adani Power Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for ADANIPOWER, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Adani Power Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Adani Power Limited
Stochastic: The current reading of the STOCHASTIC is neutral for ADANIPOWER, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Stochastic chart for Adani Power Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages raise the possibility of a reversal for ADANIPOWER. The weakening momentum in these shorter-term averages hints that the upward trend might be losing strength, suggesting that caution may be warranted. Tripple SMA chart for Adani Power Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An investor-focused analysis of how 2025 tariffs are reaching consumers in 2026,...
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.