ADANIENT - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.6

📊 Technical Overview of Adani Enterprises Ltd. (ADANIENT)

📈 Trend Analysis

Current Price: ₹2,548

50 DMA: ₹2,542

200 DMA: ₹2,547

Trend Status: The stock is consolidating, hovering around both key moving averages. This suggests neutral momentum with potential for breakout or breakdown depending on volume and price action.

📉 Momentum Indicators

RSI (46.4): Slightly below neutral, indicating sideways momentum. Not oversold or overbought.

MACD (4.24): Positive, but flat. Suggests mild bullish bias, though not strong enough to confirm trend reversal.

Volume: At 4.57L, above 1-week average of 3.91L. Indicates healthy participation, but not yet breakout-level.

📊 Bollinger Bands

Price likely near the middle band, consistent with consolidation.

A breakout above the upper band with volume could signal trend resumption.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 2,542 Flat

200 DMA 2,547 Flat

Current Price 2,548 At convergence point

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 2,500–2,520 Near-term support zone

Support 2 2,300–2,350 Previous swing low

Resistance 1 2,600–2,620 Minor resistance zone

Resistance 2 2,750–2,800 Trendline and psychological resistance

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹2,520–₹2,540 (on pullback or MACD confirmation)

Exit Zone (Short-Term): ₹2,600–₹2,620 (initial resistance), ₹2,750–₹2,800 (if breakout confirms)

Stop Loss: ₹2,300 (below swing low)

📌 Summary

Trend: Consolidating near key averages

Momentum: Neutral with mild bullish bias

Volume: Decent, but not breakout-level

Setup: Watch for breakout above ₹2,600 with volume for confirmation

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