ADANIENT - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.5

📊 Chart Patterns & Trend: ADANIENT is trading below both its 50 DMA (2,326 ₹) and 200 DMA (2,390 ₹), indicating weakness and a bearish undertone. Price action shows consolidation near 2,200–2,250 ₹ after failing to sustain highs of 2,613 ₹, with strong support around 1,965 ₹.

📈 Moving Averages: Current price (2,245 ₹) is below both moving averages, signaling short-term and medium-term weakness.

📉 RSI: At 41.3, RSI is leaning towards oversold territory, suggesting potential accumulation but no strong momentum yet.

📊 MACD: Negative MACD (-34.2) confirms bearish momentum, highlighting caution for traders.

📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions. A bounce is possible if buying interest emerges.

📊 Volume Trends: Current volume (5.24L) is below 1-week average (6.23L), showing weak participation and lack of conviction in recent moves.

🎯 Entry Zone: 2,200–2,250 ₹ (near support).

🚪 Exit Zone: 2,350–2,400 ₹ (resistance near DMA levels).

⚠️ Stop Loss: 2,150 ₹ (below recent support).

📌 Overall Trend: Consolidating with bearish bias. A reversal requires sustained move above 2,350 ₹ with strong volume.

Positive

• Quarterly PAT growth (504 Cr. → 666 Cr.).
• EPS of 73.9 ₹ indicates earnings stability.
• FII holding increased slightly (+0.25%).
• PEG ratio of 2.24 suggests moderate valuation relative to growth.
• Strong 52-week performance (+43.2%).

Limitation

• Stock trading below both 50 DMA and 200 DMA.
• High P/E of 120 vs industry average of 111.
• Dividend yield of 0.06% offers negligible income cushion.
• Volume participation is weak, limiting breakout potential.

Company Negative News

• DII holding reduced by -0.51%.
• MACD negative, confirming short-term bearish momentum.

Company Positive News

• Quarterly profit growth of 5.19% shows operational improvement.
• FII holding increased slightly (+0.25%).

Industry

• Industry PE at 111, slightly lower than company’s P/E of 120.
• Sector remains competitive with moderate growth outlook.

Conclusion

⚖️ ADANIENT is consolidating near support levels with RSI suggesting potential rebound. Entry near 2,200–2,250 ₹ offers limited upside unless price breaks above 2,350–2,400 ₹ with strong volume. Fundamentally stable but technically weak, making cautious accumulation advisable.