Overall Technical outlook

Price Summary

In today's trading session, ADANIPOWER's shares sank by -3.39%, marking a unimpressive day.
2025-06-12, saw ADANIPOWER's stock open at 587.05, hit a peak of 588.7, fall to a low of 565.5, and close down -3.39% at 567.15, with 5138535 shares changing hands.
Over the past 52 weeks, the stock reached a maximum price of 748.15 and a minimum price of 437.65.
According to 3 analysts, the future price is anticipated to vary between 601.0 and 690.0, with an average expected price of around 633.6667.

Technicals

Support and Resistance: The price of 567.15 is supported at 563.0 and faces resistance at 596.05. This range suggests key levels for ADANIPOWER where the price may stabilize, with 563.0 acting as a support and 596.05 as a cap on gains.
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Support/Resistance for ADANIPOWER


Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Aroon chart for Adani Power Limited


Bol. Bands: The price moving below the upper Bollinger Band may signal an upcoming decline for ADANIPOWER. This technical indicator often suggests that the asset has reached an overbought state and could be poised for a correction. Traders might interpret this as a potential reversal, where the bullish momentum is slowing down, and a downward trend could be emerging, making it a key moment for decision-making.
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Bolinger Bands chart for Adani Power Limited


Parabolic SAR: The PSAR for ADANIPOWER continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement.
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Parabolic Stop and Reverse chart for Adani Power Limited


Stochastic: The STOCHASTIC is currently in a neutral position for Adani Power 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.
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Stochastic chart for Adani Power Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for Adani Power Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade.
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Tripple SMA chart for Adani Power Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.