ADANIENSOL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | ADANIENSOL | Market Cap | 1,85,068 Cr. | Current Price | 1,540 ₹ | High / Low | 1,559 ₹ |
| Stock P/E | 324 | Book Value | 174 ₹ | Dividend Yield | 0.00 % | ROCE | 4.89 % |
| ROE | 2.81 % | Face Value | 10.0 ₹ | DMA 50 | 1,255 ₹ | DMA 200 | 1,054 ₹ |
| Chg in FII Hold | -1.24 % | Chg in DII Hold | 0.10 % | PAT Qtr | 199 Cr. | PAT Prev Qtr | 114 Cr. |
| RSI | 76.1 | MACD | 55.1 | Volume | 82,93,063 | Avg Vol 1Wk | 60,26,558 |
| Low price | 745 ₹ | High price | 1,559 ₹ | PEG Ratio | 6.52 | Debt to equity | 0.53 |
| 52w Index | 97.7 % | Qtr Profit Var | 0.73 % | EPS | 4.75 ₹ | Industry PE | 81.1 |
📈 Chart Patterns: ADANIENSOL is trending upward, trading well above its 50 DMA (1,255 ₹) and 200 DMA (1,054 ₹), showing strong bullish momentum near its 52-week high (1,559 ₹).
📊 Moving Averages: Current price (1,540 ₹) is comfortably above both DMAs, reflecting strong bullish bias.
📉 RSI: At 76.1, RSI indicates overbought conditions, signaling caution for new entries.
📈 MACD: Positive at 55.1, confirming bullish crossover and strong momentum continuation.
📊 Bollinger Bands: Price is near the upper band, suggesting strong momentum but risk of short-term pullback.
📉 Volume Trends: Current volume (82,93,063) is significantly above average weekly volume (60,26,558), confirming strong participation in the rally.
🎯 Entry Zone: 1,480 ₹ – 1,510 ₹ (near support)
🚪 Exit Zone: 1,555 ₹ – 1,570 ₹ (resistance near 52-week high)
📌 Trend Status: Strong uptrend but overbought
Positive
- Price trading well above both 50 & 200 DMA
- Strong volume surge confirms accumulation
- Quarterly PAT improved (199 Cr vs 114 Cr)
- DII holdings increased (+0.10%)
- 52-week index at 97.7% highlights strong performance
Limitation
- Extremely high P/E (324) vs industry PE (81.1)
- Weak ROE (2.81%) and ROCE (4.89%)
- PEG ratio at 6.52 indicates expensive growth pricing
- Dividend yield at 0.00% offers no income support
- RSI overbought, risk of pullback
Company Negative News
- FII holdings declined (-1.24%)
- Valuation concerns due to stretched multiples
Company Positive News
- Quarterly profit growth sustained (+0.73%)
- Strong trading volumes reflect investor interest
Industry
- Industry PE at 81.1 highlights sector premium
- ADANIENSOL trading at a steep premium compared to peers
Conclusion
⚖️ ADANIENSOL is in a strong uptrend with bullish signals supported by MACD, RSI, and volume. Entry near 1,480–1,510 ₹ offers favorable risk-reward, while resistance at 1,555–1,570 ₹ may cap short-term upside. Long-term investors should be cautious given overvaluation and weak efficiency metrics, but momentum traders can capitalize on near-term strength with strict stop-loss discipline.
Would you like me to extend this into a swing trade strategy with holding period guidance, or prepare a peer benchmarking overlay comparing ADANIENSOL’s valuation and momentum against Tata Power, NTPC, and JSW Energy?