Overall Technical outlook

Price Summary

On 2025-05-30, Adani Power Limited's stock opened at 553.05, reached a high of 555.45, dropped to a low of 540.9, and closed down -1.67% at 543.8, with a trading volume of 3066693 shares.
The stock's highest value over the last 52 weeks is 874.5, and the lowest value is 437.65.
Future price predictions suggest a range between 601.0 and 690.0, with an average expected price of 633.6667, as per 3 analysts.

Technicals

Support and Resistance: The current price of 543.8 is supported at 537.45, with resistance at 563.0. This suggests that the price for ADANIPOWER might remain between these levels, where 537.45 acts as a floor and 563.0 as a ceiling in the market.
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Support/Resistance for ADANIPOWER


Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Aroon chart for Adani Power Limited


Bol. Bands: The BOLL BANDS 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.
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Bolinger Bands chart for Adani Power Limited


Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Adani Power Limited


Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Stochastic chart for Adani Power Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move.
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Tripple SMA chart for Adani Power Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.