ADANIPORTS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | ADANIPORTS | Market Cap | 4,20,369 Cr. | Current Price | 1,824 ₹ | High / Low | 1,843 ₹ |
| Stock P/E | 219 | Book Value | 268 ₹ | Dividend Yield | 0.41 % | ROCE | 8.19 % |
| ROE | 4.16 % | Face Value | 2.00 ₹ | DMA 50 | 1,638 ₹ | DMA 200 | 1,494 ₹ |
| Chg in FII Hold | 0.15 % | Chg in DII Hold | -0.03 % | PAT Qtr | 278 Cr. | PAT Prev Qtr | 477 Cr. |
| RSI | 69.5 | MACD | 62.8 | Volume | 22,48,831 | Avg Vol 1Wk | 18,82,013 |
| Low price | 1,290 ₹ | High price | 1,843 ₹ | PEG Ratio | -11.8 | Debt to equity | 0.78 |
| 52w Index | 96.6 % | Qtr Profit Var | -65.1 % | EPS | 7.78 ₹ | Industry PE | 25.0 |
📈 Chart Patterns: ADANIPORTS is in a strong uptrend, trading well above its 50 DMA (1,638 ₹) and 200 DMA (1,494 ₹), with price near its 52-week high (1,843 ₹). Momentum is stretched, signaling caution.
📊 Moving Averages: Current price (1,824 ₹) is comfortably above both DMAs, reflecting bullish bias.
📉 RSI: At 69.5, RSI indicates near-overbought conditions, suggesting limited upside.
📈 MACD: Positive at 62.8, confirming bullish crossover and momentum continuation.
📊 Bollinger Bands: Price is near the upper band, suggesting strong momentum but risk of short-term pullback.
📉 Volume Trends: Current volume (22,48,831) is above average weekly volume (18,82,013), confirming strong participation in the rally.
🎯 Entry Zone: 1,780 ₹ – 1,800 ₹ (near support)
🚪 Exit Zone: 1,835 ₹ – 1,845 ₹ (resistance near 52-week high)
📌 Trend Status: Strong uptrend but overbought
Positive
- Price trading well above both 50 & 200 DMA
- Strong volume activity supports momentum
- Large market cap (4,20,369 Cr) provides stability
- FII holdings increased (+0.15%)
- 52-week index at 96.6% highlights strong performance
Limitation
- Extremely high P/E (219) vs industry PE (25.0)
- Weak ROE (4.16%) and ROCE (8.19%)
- PEG ratio at -11.8 indicates poor growth-adjusted valuation
- Dividend yield modest at 0.41%
- Quarterly PAT declined sharply (-65.1%)
Company Negative News
- DII holdings decreased (-0.03%)
- Profit contraction raises concerns
Company Positive News
- Stock trading near 95% of 52-week range
- Strong liquidity and institutional presence
Industry
- Industry PE at 25.0 highlights sector stability
- ADANIPORTS trading at a steep premium compared to peers
Conclusion
⚖️ ADANIPORTS is trending upward with strong technical momentum supported by volumes and MACD. However, valuations are extremely stretched and profitability has weakened. Entry near 1,780–1,800 ₹ offers tactical opportunities, while resistance at 1,835–1,845 ₹ 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 ADANIPORTS against Container Corp, GAIL, and Shipping Corp in the logistics sector.