ADANIENSOL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.0

Here’s a detailed technical analysis of Adani Energy Solutions Ltd. (ADANIENSOL)

📊 Trend Overview

Current Trend: The stock is in a short-term uptrend with signs of momentum continuation. Price is trading above the 50-DMA but slightly below the 200-DMA, suggesting a potential breakout setup.

Price Action: At ₹838, the stock is above the 50-DMA (₹816) and approaching the 200-DMA (₹851), a critical resistance level. A close above ₹851 would confirm a trend reversal.

📈 Momentum Indicators

RSI (62.3): Bullish zone, indicating strong buying interest but still below overbought territory.

MACD (6.37): Positive crossover, confirming bullish momentum and potential for further upside.

Volume: Current volume (10.22L) is slightly above the 1-week average (10.02L), showing healthy participation and supporting the upward move.

📉 Volatility & Bands

Bollinger Bands: Price is near the upper band, signaling strength. A breakout above ₹851 with volume would confirm bullish continuation.

📌 Support & Resistance Zones

Type Price Zone (₹) Notes

Support 816 – 825 Near 50-DMA and recent pullback zone

Resistance 851 – 875 200-DMA and psychological barrier

Breakout Zone 900+ Above this, next target is ₹1,000 – ₹1,091

🎯 Entry & Exit Strategy

Optimal Entry: ₹820 – ₹835 (on dips with bullish confirmation)

Exit Zone: ₹875 – ₹900 (partial profit booking); ₹1,000+ (final resistance)

Stop Loss: ₹800 (below 50-DMA)

🔍 Summary

Trend: Trending upward

Momentum: Strong bullish signals from RSI and MACD

Volume: Rising, confirming interest

Outlook: Positive; watch for breakout above ₹851 with volume for next leg up

Sources: ETMoney Technicals

1

, TradingView Technicals

2

Would you like alerts for breakout levels or a comparison with other energy sector stocks?

1

www.etmoney.com

2

in.tradingview.com

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