ADANIENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | ADANIENT | Market Cap | 3,86,700 Cr. | Current Price | 2,973 ₹ | High / Low | 3,029 ₹ |
| Stock P/E | 161 | Book Value | 486 ₹ | Dividend Yield | 0.04 % | ROCE | 7.60 % |
| ROE | 5.35 % | Face Value | 1.00 ₹ | DMA 50 | 2,414 ₹ | DMA 200 | 2,299 ₹ |
| Chg in FII Hold | -0.84 % | Chg in DII Hold | -0.01 % | PAT Qtr | 344 Cr. | PAT Prev Qtr | 563 Cr. |
| RSI | 81.1 | MACD | 171 | Volume | 41,28,117 | Avg Vol 1Wk | 31,55,627 |
| Low price | 1,753 ₹ | High price | 3,029 ₹ | PEG Ratio | 12.7 | Debt to equity | 0.18 |
| 52w Index | 95.6 % | Qtr Profit Var | -42.8 % | EPS | 88.1 ₹ | Industry PE | 150 |
📈 Chart Patterns: ADANIENT is in a strong uptrend, trading well above its 50 DMA (2,414 ₹) and 200 DMA (2,299 ₹), with price near its 52-week high (3,029 ₹). Momentum is stretched, suggesting risk of pullback.
📊 Moving Averages: Current price (2,973 ₹) is significantly above both DMAs, confirming bullish bias.
📉 RSI: At 81.1, RSI indicates extreme overbought conditions, signaling caution for new entries.
📈 MACD: Strongly positive at 171, confirming bullish crossover and momentum continuation.
📊 Bollinger Bands: Price is near the upper band, suggesting strong momentum but heightened volatility risk.
📉 Volume Trends: Current volume (41,28,117) is above average weekly volume (31,55,627), confirming strong participation in the rally.
🎯 Entry Zone: 2,880 ₹ – 2,920 ₹ (near support)
🚪 Exit Zone: 3,010 ₹ – 3,030 ₹ (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 at 344 Cr shows profitability despite decline
- 52-week index at 95.6% highlights strong performance
- Large market cap (3,86,700 Cr) provides stability
Limitation
- Extremely high P/E (161) vs industry PE (150)
- Weak ROE (5.35%) and ROCE (7.60%)
- PEG ratio at 12.7 indicates expensive growth pricing
- Dividend yield negligible at 0.04%
- Quarterly PAT declined sharply (-42.8%)
Company Negative News
- FII holdings declined (-0.84%)
- Profit contraction raises concerns
Company Positive News
- Stock trading near 52-week high
- Strong liquidity and institutional presence
Industry
- Industry PE at 150 highlights sector premium
- ADANIENT trading at high multiples but aligned with industry average
Conclusion
⚖️ ADANIENT is trending upward with strong technical momentum supported by volumes and MACD. However, valuations remain stretched and profitability has weakened. Entry near 2,880–2,920 ₹ offers tactical opportunities, while resistance at 3,010–3,030 ₹ may cap short-term upside. Long-term investors should be cautious given overvaluation and declining earnings, while momentum traders can capitalize with strict stop-loss discipline.
I can extend this into a swing trade strategy with holding period guidance, or prepare a peer benchmarking overlay comparing ADANIENT’s valuation and momentum against Adani Ports, Adani Power, and Adani Green.