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Technicals for Adani Power Limited
By MusingTheNews
2025-08-13 20:21
Overall Technical outlook
Price Summary
On 2025-08-13, Adani Power Limited's stock opened at 594.8, reached a high of 594.8, dropped to a low of 583.5, and closed down -1.55% at 585.6, with a trading volume of 1800579 shares. During the 52-week span, the stock hit a high of 697.4 and a low of 437.65. The future price of ADANIPOWER is anticipated to range from 601.0 to 690.0, with an expected mean price of 653.3333, according to the recommendations of 3 analysts.
Technicals
Support and Resistance: At 585.6, the price is held up by support at 562.25 and faces resistance at 596.05 for ADANIPOWER. This suggests a trading range where 562.25 provides a base and 596.05 limits upward movement. Support/Resistance for ADANIPOWER
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Adani Power Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Adani Power Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Adani Power 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 Power Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Adani Power Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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