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Technicals for Adani Energy Solutions Limited
By MusingTheNews
2025-05-30 20:21
Overall Technical outlook
Price Summary
On 2025-05-30, Adani Energy Solutions Limited's shares started at 881.05, peaked at 889.45, bottomed out at 862.0, and ended -1.57% lower at 867.2, with 1257349 shares traded. The stock's highest price in the past 52 weeks is 1275.2, while its lowest price during the same period is 600.75. The anticipated price is forecasted to be between 1127.0 and 1690.0, with an average price expectation of 1314.25, based on input from 4 analysts.
Technicals
Support and Resistance: The price for ADANIENSOL at 867.2 finds support at 832.4 and resistance at 872.0. This suggests a trading range, where 832.4 serves as a support level and 872.0 acts as a resistance point, potentially capping further gains. Support/Resistance for ADANIENSOL
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 Energy Solutions Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Adani Energy Solutions Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for ADANIENSOL. Parabolic Stop and Reverse chart for Adani Energy Solutions Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Adani Energy Solutions Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Adani Energy Solutions 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.
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