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Technicals for Adani Ports and Special Economic Zone Limited
By MusingTheNews
2026-02-02 20:21
Overall Technical outlook
Price Summary
ADANIPORTS's shares experienced a significant 4.09% jump, indicating a robust market performance. On 2026-02-02, Adani Ports and Special Economic Zone Limited's shares started at 1348.0, peaked at 1406.0, bottomed out at 1348.0, and ended 4.09% up at 1403.1, with 2796489 shares traded. In the last 52 weeks, the stock's top price was 1530.5 and the bottom price was 1053.05. According to 21 analysts, the price of ADANIPORTS in the future is projected to be between 1540.0 and 1920.0, with an average expected price of 1775.2382.
Technicals
Support and Resistance: The price for ADANIPORTS at 1403.1 is supported by the 1361.8 level and faces resistance at 1444.2. This range indicates key levels where the price may find buyers near 1361.8 and sellers near 1444.2, defining a trading range. Support/Resistance for ADANIPORTS
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for ADANIPORTS. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Adani Ports and Special Economic Zone 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 Ports and Special Economic Zone Limited
Parabolic SAR: The PSAR for ADANIPORTS 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. Parabolic Stop and Reverse chart for Adani Ports and Special Economic Zone Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Adani Ports and Special Economic Zone Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Adani Ports and Special Economic Zone Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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