ADANIENT - Technical Analysis with Chart Patterns & Indicators
Last Updated Time : 19 Sept 25, 2:16 pm
Back to Technical ListTechnical Rating: 4.0
Hereโs a detailed technical analysis of Adani Enterprises Ltd. (ADANIENT)
๐ Trend Overview
Current Trend: The stock is in a short-term uptrend but still within a broader consolidation range. Price is hovering between key moving averages, suggesting indecision.
Price Action: Trading at โน2,402, slightly above the 50-DMA (โน2,385) but below the 200-DMA (โน2,483), indicating a potential breakout setup if momentum sustains.
๐ Momentum Indicators
RSI (58.3): Moderately bullish. Indicates buying interest but not yet overbought.
MACD (6.38): Positive crossover, signaling bullish momentum continuation.
Volume: Current volume (7.49L) is above the 1-week average (5.98L), showing increased participation, which supports the bullish bias
1
2
.
๐ Volatility & Bands
Bollinger Bands: Price is near the middle band, suggesting consolidation. A breakout above โน2,500 with volume would confirm trend continuation.
๐ Support & Resistance Zones
Type Price Zone (โน) Notes
Support 2,350 โ 2,385 Near 50-DMA and recent base
Resistance 2,480 โ 2,500 200-DMA and psychological barrier
Breakout Zone 2,600+ Above this, next target is โน2,750 โ โน3,000
๐ฏ Entry & Exit Strategy
Optimal Entry: โน2,360 โ โน2,385 (on dips with bullish confirmation)
Exit Zone: โน2,480 โ โน2,600 (partial profit booking); โน2,750+ (final resistance)
Stop Loss: โน2,325 (below recent support)
๐ Summary
Trend: Consolidating with bullish undertone
Momentum: Positive signals from MACD and RSI
Volume: Rising, confirming interest
Outlook: Watch for breakout above โน2,480โโน2,500 for trend confirmation
Sources
1
JustTicks Technical Dashboard
2
Stocks-Buy Forecast
Would you like a multi-timeframe chart view or alerts for breakout levels on ADANIENT?
1
bing.com
2
www.stocks-buy.com
Edit in a page
Back to Technical ListNIFTY 50 - Today Top Technical Picks Stock Picks
NEXT 50 - Today Top Technical Picks Stock Picks
MIDCAP - Today Top Technical Picks Stock Picks
SMALLCAP - Today Top Technical Picks Stock Picks