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Stock analysis Adani Green Energy Ltd ADANIGREEN

More indepth analysis on MunafaSutra.com

Moving Averages for Adani Green Energy Ltd

  • 5Day Average: 1005.52
  • 12Day Average: 1000.41
  • 20Day Average: 986.5
  • 50Day Average: 998.17
  • 100Day Average: 974.23
  • 150Day Average: 907.44
  • 200Day Average: 1119.07

ADANIGREEN Indicators & signals

Indicator MACD (12,26,9)

999.79, 993.56, 1.78
Indicator MACD is in positive zone

Indicator ADX (14)

7.32, 19.84, 22.97
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ADANIGREEN Adani Green Energy Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Sep 2023 1023.45 1007.90 to 1026.00 1.44% 1.7 times
20 Wed Sep 2023 1008.95 988.15 to 1025.25 0.4% 1.58 times
18 Mon Sep 2023 1004.95 1001.00 to 1029.95 -0.15% 1.07 times
15 Fri Sep 2023 1006.45 983.80 to 1012.00 2.3% 0.29 times
14 Thu Sep 2023 983.80 982.00 to 999.95 -0.2% 0.1 times
13 Wed Sep 2023 985.80 967.00 to 1002.90 -1.89% 0.2 times
12 Tue Sep 2023 1004.80 985.00 to 1026.95 -0.97% 1.61 times
11 Mon Sep 2023 1014.65 1002.80 to 1025.85 1.34% 1.48 times
08 Fri Sep 2023 1001.20 998.00 to 1012.35 -0.14% 1.08 times
07 Thu Sep 2023 1002.65 995.00 to 1015.15 -0.34% 1.05 times
06 Wed Sep 2023 1006.10 954.00 to 1015.00 4.57% 1.54 times
05 Tue Sep 2023 962.10 951.70 to 968.50 0.3% 1.05 times

Technical analysis forecast of Adani Green Energy Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Adani Green Energy Ltd ADANIGREEN at this time. Stock is rising and might rise more.

It appears as if Adani Green Energy Ltd ADANIGREEN gave a large move recently.

Stock of Adani Green Energy Ltd (ADANIGREEN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Adani Green Energy Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Adani Green Energy Ltd stays above 1018.7, but if it comes below 1018.7, then a intra day sell could be more profitable.
If you take a sell trade below 1018.7, then use 1018.7 as stoploss and 995.08 as target. However if you take a buy trade in Adani Green Energy Ltd, then use 1018.7 as stoploss and 1047.1 as target.

More indepth analysis on MunafaSutra.com