Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Adani Enterprises Limited
By MusingTheNews
2025-05-30 20:21
Overall Technical outlook
Price Summary
On 2025-05-30, Adani Enterprises Limited's shares started at 2550.0, peaked at 2564.0, bottomed out at 2513.8, and ended -1.18% down at 2519.9, with 684480 shares traded. The stock reached its highest price of 3645.25 and its lowest price of 2096.0 during the 52-week period.
Technicals
Support and Resistance: The price is currently at 2519.9, supported by 2504.1 and resisted by 2504.1. This indicates a range where 2504.1 may provide a base for the price, while 2504.1 serves as a cap on further upward movement for ADANIENT. Support/Resistance for ADANIENT
Aroon: The current state of the AROON 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. Aroon chart for Adani Enterprises Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Adani Enterprises Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Adani Enterprises Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Adani Enterprises Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Adani Enterprises Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for ADANIENT, with no strong trend emerging. Stochastic chart for Adani Enterprises Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 period moving averages reflects a bearish trend, signaling ongoing downward momentum. However, the slower SMAs are starting to show signs of weakening, which may suggest a shift in the market. This loss of steam in the bearish trend could be an early indication of a potential bullish reversal, pointing to a possible change in direction in the near future. Tripple SMA chart for Adani Enterprises Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
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.