⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
ADANIPOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | ADANIPOWER | Market Cap | 2,59,476 Cr. | Current Price | 135 ₹ | High / Low | 183 ₹ |
| Stock P/E | 25.3 | Book Value | 24.8 ₹ | Dividend Yield | 0.00 % | ROCE | 23.7 % |
| ROE | 27.0 % | Face Value | 2.00 ₹ | DMA 50 | 142 ₹ | DMA 200 | 134 ₹ |
| Chg in FII Hold | 0.11 % | Chg in DII Hold | 0.71 % | PAT Qtr | 2,047 Cr. | PAT Prev Qtr | 2,735 Cr. |
| RSI | 36.0 | MACD | -2.92 | Volume | 1,09,69,817 | Avg Vol 1Wk | 2,02,14,605 |
| Low price | 92.4 ₹ | High price | 183 ₹ | PEG Ratio | 0.80 | Debt to equity | 0.94 |
| 52w Index | 46.6 % | Qtr Profit Var | -32.6 % | EPS | 5.32 ₹ | Industry PE | 22.1 |
📈 Technical Chart Analysis
- Moving Averages: Current price (135 ₹) is below 50 DMA (142 ₹) but slightly above 200 DMA (134 ₹), showing consolidation with mild bearish bias.
- RSI: At 36.0, the stock is oversold, suggesting potential rebound opportunities.
- MACD: Negative (-2.92), confirming bearish crossover and weak momentum.
- Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term bounce.
- Volume Trends: Current volume (1,09,69,817) is lower than 1-week average (2,02,14,605), showing reduced participation and weak conviction.
📊 Momentum & Trend Signals
- Short-term Momentum: Bearish bias due to negative MACD and weak volume.
- Support Zone: 130–134 ₹ (near 200 DMA and psychological support).
- Resistance Zone: 142–150 ₹ (near 50 DMA and psychological round level).
- Optimal Entry: Around 132–135 ₹ if RSI remains oversold and support holds.
- Optimal Exit: 145–150 ₹ if price rebounds to moving averages.
- Trend Status: Currently consolidating with bearish undertone; reversal possible if RSI triggers bounce and volume improves.
✅ Positive
- Strong ROCE (23.7%) and ROE (27.0%) indicate efficient capital use.
- PEG ratio of 0.80 suggests undervaluation relative to growth.
- FII holding increased (+0.11%) and DII holding increased (+0.71%), showing institutional confidence.
- 52-week performance (+46.6%) shows resilience despite recent correction.
⚠️ Limitation
- PAT dropped from 2,735 Cr. to 2,047 Cr., showing earnings pressure.
- Quarterly profit variation (-32.6%) indicates volatility.
- Debt-to-equity ratio of 0.94 is relatively high, adding financial risk.
- Dividend yield is 0%, offering no passive income to investors.
📉 Company Negative News
- Quarterly profit decline (-32.6%) highlights earnings weakness.
- Stock corrected from 183 ₹ high, showing susceptibility to profit booking.
📈 Company Positive News
- Institutional investors (both FII and DII) increased holdings, signaling confidence.
- EPS at 5.32 ₹ remains stable despite earnings volatility.
🏭 Industry
- Power sector benefits from rising demand and government infrastructure push.
- Industry P/E at 22.1 suggests sector is moderately valued; Adani Power trades at a slight premium.
🔎 Conclusion
- Adani Power shows strong fundamentals with high ROCE/ROE but faces earnings volatility and debt concerns.
- Technically, the stock is consolidating near support with oversold RSI, suggesting possible short-term rebound.
- Entry near 132–135 ₹ is favorable for short-term traders, with exit near 145–150 ₹.
- Short-term outlook: cautious accumulation; long-term outlook requires earnings stability and debt management.