ADANIENT - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.5

Technical Analysis Report

• Trend Status: Consolidating
• Moving Averages: Price (₹2,460) is slightly below both 50 DMA (₹2,491) and 200 DMA (₹2,498), indicating neutral to mildly bearish setup
• RSI (44.7): Neutral zone, no strong momentum signal
• MACD (6.17): Positive crossover, suggesting mild bullish momentum
• Bollinger Bands: Price near mid-band, indicating equilibrium with no breakout signal
• Volume: Slightly below average (8.9L vs 9.8L), showing reduced participation
• Support Zones: ₹2,420, ₹2,300
• Resistance Zones: ₹2,500, ₹2,570
• Entry Zone: ₹2,420–₹2,450 (near support)
• Exit Zone: ₹2,550–₹2,570 (near resistance)

Positive

• MACD crossover indicates potential bullish momentum
• PEG ratio of 2.33 reflects growth potential relative to valuation
• EPS of ₹51.6 supports earnings strength
• FII holding increased by 0.17%, showing foreign investor confidence

Limitation

• Price below both key moving averages limits bullish confirmation
• RSI below 50 shows lack of strong directional bias
• Volume slightly below average, indicating weak conviction
• High P/E ratio (125) vs industry average (1,103) suggests valuation concerns

Company Negative News

• Quarterly PAT declined from ₹601 Cr to ₹504 Cr (-16.8%)
• DII holding dropped by 0.20%, indicating cautious domestic sentiment

Company Positive News

• Stock has gained 41.6% from its 52-week low
• Dividend yield of 0.05% offers modest shareholder return

Industry

• Conglomerate sector remains volatile with mixed valuation metrics
• Industry P/E of 1,103 suggests sector-wide premium pricing, though ADANIENT trades below it

Conclusion

• ADANIENT is in a consolidation phase with mixed technical signals
• Entry near ₹2,420–₹2,450 offers a cautious setup
• Exit near ₹2,550–₹2,570 is ideal for short-term gains
• Investors should monitor RSI and volume for confirmation of breakout or reversal