Stock analysis Adani Power Limited ADANIPOWER
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Recent prices of ADANIPOWER Adani Power Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 524.10 | 521.60 to 537.60 | -0.52% | 1.24 times |
| 18 Mon Nov 2024 | 526.85 | 525.10 to 557.40 | -4.05% | 1.13 times |
| 14 Thu Nov 2024 | 549.10 | 547.00 to 567.10 | 0.38% | 0.95 times |
| 13 Wed Nov 2024 | 547.00 | 541.30 to 598.00 | -1.96% | 3.81 times |
| 12 Tue Nov 2024 | 557.95 | 555.00 to 587.10 | -3.63% | 0.75 times |
| 11 Mon Nov 2024 | 578.95 | 577.60 to 587.60 | -1.71% | 0.38 times |
| 08 Fri Nov 2024 | 589.00 | 586.65 to 599.40 | -1.78% | 0.37 times |
| 07 Thu Nov 2024 | 599.65 | 596.45 to 616.85 | -2.7% | 0.55 times |
| 06 Wed Nov 2024 | 616.30 | 605.50 to 627.00 | 2.13% | 0.97 times |
| 05 Tue Nov 2024 | 603.45 | 581.00 to 607.40 | 3.15% | 0.64 times |
| 04 Mon Nov 2024 | 585.00 | 582.20 to 596.95 | -2.07% | 0.45 times |
| 01 Fri Nov 2024 | 597.35 | 593.50 to 599.95 | 0.78% | 0.12 times |
Technical analysis forecast for Adani Power 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 Power Limited ADANIPOWER at this time. Stock is falling and might fall more.
It appears as if Adani Power Limited ADANIPOWER gave a large move recently.
Stock of Adani Power Limited (ADANIPOWER) 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...
Although my analysis for Adani Power Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 522.5, for a target of 552.8 or 578.14