Is ADANI POWER in uptrend or downtrend?

In the short term price movements in ADANIPOWER share indicates the market has a decisive bullish trend.

What is ADANI POWER share price forecast for tomorrow?

In Adani Power Limited stock current resistance level is at 149 and support level is at 137. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Bullish.

What are ADANI POWER support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Adani Power Limited in the short-term, the supply zone around 149 and 150. Hence, good chances of resistance around 150. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Adani Power Limited share is around 137 and 140. Hence, good chances for support around 140.

Why is ADANI POWER share price falling today?

Perhaps ADANIPOWER stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

ADANI POWER Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data