ADANIPOWER - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

Technical Analysis Report

• Trend Status: Trending upward
• Moving Averages: Price (₹157) is above both 50 DMA (₹146) and 200 DMA (₹125), indicating bullish momentum
• RSI (53.4): Bullish zone, but not overbought
• MACD (5.67): Positive crossover, confirming upward momentum
• Bollinger Bands: Price near upper band, suggesting potential short-term resistance
• Volume: Below average (4.76 Cr vs 5.65 Cr), showing reduced participation
• Support Zones: ₹146, ₹138
• Resistance Zones: ₹165, ₹175
• Entry Zone: ₹146–₹152 (near support)
• Exit Zone: ₹165–₹175 (near resistance)

Positive

• Price above both key moving averages confirms bullish trend
• MACD and RSI support continued upward momentum
• DII holding increased by 0.94%, showing domestic institutional confidence
• Strong ROCE (23.7%) and ROE (27.0%) reflect operational efficiency

Limitation

• Volume below average, indicating weak conviction
• RSI in mid-range, lacking strong directional bias
• Debt-to-equity ratio of 0.94 suggests moderate leverage

Company Negative News

• Quarterly PAT declined from ₹3,119 Cr to ₹2,735 Cr (-7.43%)
• FII holding dropped by 0.93%, reflecting cautious foreign sentiment

Company Positive News

• EPS of ₹5.83 supports earnings visibility
• Stock has gained 73.3% from its 52-week low

Industry

• Power sector remains stable with long-term demand growth
• Industry P/E of 24.7 suggests ADANIPOWER trades slightly above sector average

Conclusion

• ADANIPOWER is in a bullish trend with strong technical indicators
• Entry near ₹146–₹152 offers a favorable setup
• Exit near ₹165–₹175 is ideal for short-term gains
• Investors should monitor volume and RSI for signs of trend continuation or exhaustion