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Technicals for Adani Enterprises Limited
By MusingTheNews
2025-07-16 20:21
Overall Technical outlook
Price Summary
On 2025-07-15, ADANIENT's stock opened at 2588.0, reached a peak of 2606.9, dropped to 2576.0, and ended 0.39% up at 2598.2, with a volume of 379329 shares. The stock's peak price over the last 52 weeks is 3217.25, with the lowest being 2096.0.
Technicals
Support and Resistance: At 2598.2, the price is supported at 2555.0 and faces resistance at 2646.3. This range suggests that the price for ADANIENT might stay between these levels, with 2555.0 acting as a floor and 2646.3 as a ceiling. Support/Resistance for ADANIENT
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 Enterprises Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Adani Enterprises Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Adani Enterprises 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 Enterprises Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, indicating a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that this bearish momentum might be fading. This could be an early indication of a potential bullish reversal, as the market's current downward trend loses strength and prepares for a possible shift towards more positive price action. Tripple SMA chart for Adani Enterprises Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and 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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