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Stock analysis Adani Enterprises Limited ADANIENT

More indepth analysis on MunafaSutra.com

Moving Averages for Adani Enterprises Limited

  • 5Day Average: 2830.74
  • 12Day Average: 2897.1
  • 20Day Average: 2875.6
  • 50Day Average: 2983.23
  • 100Day Average: 3031.38
  • 150Day Average: 3065.77
  • 200Day Average: 3097.09

ADANIENT Indicators & signals

Indicator MACD (12,26,9)

2873.93, 2916.96, -36.61
Indicator MACD is in negative zone

Indicator ADX (14)

13.86, 18.4, 24.32
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ADANIENT Adani Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 2821.50 2809.80 to 2894.80 0.1% 0.61 times
18 Mon Nov 2024 2818.70 2793.30 to 2858.65 -0.29% 0.56 times
14 Thu Nov 2024 2826.80 2801.00 to 2844.80 0.36% 0.73 times
13 Wed Nov 2024 2816.70 2808.00 to 2889.00 -1.86% 1.01 times
12 Tue Nov 2024 2870.00 2855.00 to 2930.45 -1.16% 0.68 times
11 Mon Nov 2024 2903.65 2888.00 to 2946.80 -0.87% 0.66 times
08 Fri Nov 2024 2929.10 2911.25 to 2995.00 -1.38% 0.95 times
07 Thu Nov 2024 2970.10 2943.05 to 3045.00 -2.5% 1.46 times
06 Wed Nov 2024 3046.25 2918.00 to 3070.00 4.48% 1.9 times
05 Tue Nov 2024 2915.55 2870.00 to 2924.00 0.63% 0.85 times
04 Mon Nov 2024 2897.40 2857.75 to 2943.00 -1.77% 1.2 times
01 Fri Nov 2024 2949.50 2928.40 to 2975.60 0.08% 0.35 times

Technical analysis forecast for Adani Enterprises Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Adani Enterprises Limited ADANIENT at this time. Stock is falling and might fall more.

It appears as if Adani Enterprises Limited ADANIENT gave a large move recently.

Stock of Adani Enterprises Limited (ADANIENT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Adani Enterprises Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Adani Enterprises Limited stays below 2822.5, but if it comes above 2822.5, then a intra day buy could be more profitable.
If you take a sell trade below 2822.5, then use 2822.5 as stoploss and 2729.1 as target. However if you take a buy trade in Adani Enterprises Limited, then use 2822.5 as stoploss and 2900.44 as target.

More indepth analysis on MunafaSutra.com