ADANIENSOL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | ADANIENSOL | Market Cap | 1,61,242 Cr. | Current Price | 1,342 ₹ | High / Low | 1,464 ₹ |
| Stock P/E | 282 | Book Value | 174 ₹ | Dividend Yield | 0.00 % | ROCE | 4.89 % |
| ROE | 2.81 % | Face Value | 10.0 ₹ | DMA 50 | 1,131 ₹ | DMA 200 | 992 ₹ |
| Chg in FII Hold | -1.24 % | Chg in DII Hold | 0.10 % | PAT Qtr | 199 Cr. | PAT Prev Qtr | 114 Cr. |
| RSI | 66.2 | MACD | 105 | Volume | 69,31,864 | Avg Vol 1Wk | 46,41,968 |
| Low price | 745 ₹ | High price | 1,464 ₹ | PEG Ratio | 5.68 | Debt to equity | 0.53 |
| 52w Index | 83.1 % | Qtr Profit Var | 0.73 % | EPS | 4.75 ₹ | Industry PE | 56.7 |
📈 Chart Patterns & Trend: ADANIENSOL is trading above both 50 DMA (₹1,131) and 200 DMA (₹992), showing strong momentum. RSI at 66.2 indicates bullish bias but nearing overbought territory. MACD at 105 confirms positive divergence. Bollinger Bands suggest volatility expansion with price near its 52-week high (₹1,464), signaling stretched momentum. Price action remains closer to highs, reflecting strength but also risk of pullback.
🔑 Momentum Signals: RSI above 65 signals strong buying interest but overextension risk. MACD positive supports bullish bias. Volume (69.3L) is significantly above average (46.4L), confirming accumulation. Trendlines highlight support near ₹1,280–₹1,300 and resistance near ₹1,450–₹1,465.
🎯 Entry Zone: ₹1,280 – ₹1,300 (support levels)
💰 Exit Zone: ₹1,450 – ₹1,465 (resistance levels)
📊 Status: Trending upward but overbought; consolidation or pullback likely unless earnings growth sustains.
Positive
- Quarterly PAT improved (₹199 Cr vs ₹114 Cr)
- Stock trading above both 50 DMA and 200 DMA
- Strong volume activity supports momentum
- DII holdings increased (+0.10%)
Limitation
- Extremely high P/E (282) vs industry average (56.7)
- Weak ROE (2.81%) and ROCE (4.89%)
- PEG ratio at 5.68 indicates expensive growth pricing
- Dividend yield at 0.00% offers no income support
Company Negative News
- FII holdings declined (-1.24%)
- Valuation concerns due to stretched multiples
Company Positive News
- Quarterly profit growth sustained, albeit modest (+0.73%)
- Strong trading volumes reflect investor interest
Industry
- Industry PE at 56.7 highlights sector premium
- ADANIENSOL trading at a steep premium compared to peers
Conclusion
⚠️ ADANIENSOL is trending upward with strong technical momentum supported by volumes and MACD. However, valuations are extremely stretched and efficiency metrics remain weak. Best suited for tactical trades near ₹1,280–₹1,300 with profit-taking around ₹1,450–₹1,465. Long-term investors should be cautious given overvaluation and modest profitability.
Would you like me to add a sector overlay comparison (Adani Energy Solutions vs Tata Power, NTPC, and JSW Energy) so you can see relative valuation and momentum gaps in one modular view?