ADANIENSOL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 3.4

📊 Chart Patterns & Trend: ADANIENSOL is trading above both its 50 DMA (964 ₹) and 200 DMA (903 ₹), showing medium-term strength. Price action indicates consolidation near 980–1,000 ₹ after failing to sustain highs of 1,050 ₹, with strong support around 950 ₹.

📈 Moving Averages: Current price (981 ₹) is above both moving averages, suggesting bullish undertone in the medium term.

📉 RSI: At 48.0, RSI is neutral, neither overbought nor oversold, indicating balanced momentum.

📊 MACD: Positive MACD (4.68) suggests mild bullish momentum, though strength is limited.

📊 Bollinger Bands: Price is consolidating near the mid-band, showing reduced volatility. Breakout above 1,000–1,050 ₹ could trigger fresh upside.

📊 Volume Trends: Current volume (7.86L) is slightly below 1-week average (8.14L), showing moderate participation. Stronger volume will be needed for breakout confirmation.

🎯 Entry Zone: 950–970 ₹ (near DMA support).

🚪 Exit Zone: 1,020–1,050 ₹ (resistance zone).

⚠️ Stop Loss: 930 ₹ (below 200 DMA).

📌 Overall Trend: Consolidating with mild bullish bias. Sustained move above 1,050 ₹ with volume could extend rally.

Positive

• Stock trading above both 50 DMA and 200 DMA.
• DII holding increased by 3.08%.
• Strong 52-week performance (+83.1%).
• PEG ratio of 1.55 suggests reasonable valuation relative to growth.

Limitation

• Extremely high P/E of 190 vs industry average of 52.0.
• Dividend yield of 0.00% offers no income cushion.
• Weak ROCE (5.13%) and ROE (3.81%).
• Quarterly profit variation of -43.6% shows inconsistency.

Company Negative News

• FII holding reduced by -2.79%.
• PAT declined from 156 Cr. to 101 Cr.

Company Positive News

• DII holding increased significantly (+3.08%).
• EPS of 5.15 ₹ indicates earnings stability despite volatility.

Industry

• Industry PE at 52.0, much lower than company’s valuation.
• Sector remains competitive with moderate growth outlook.

Conclusion

⚖️ ADANIENSOL is consolidating near resistance with mild bullish signals supported by DMA and MACD. Entry near 950–970 ₹ offers favorable risk-reward, with resistance at 1,020–1,050 ₹. High valuations and weak profitability metrics warrant caution, but strong institutional support and 52-week momentum provide resilience.