ADANI PORT & SEZ LTDAs of May 16, 2025, Adani Ports and Special Economic Zone Ltd. (NSE: ADANIPORTS) continues to exhibit a bullish trend on the monthly timeframe, supported by key technical indicators and significant price movements.
📊 Monthly Technical Overview
Current Price: ₹1,407.40
1-Month Gain: +16.31%
52-Week Range: ₹703.00 – ₹1,621.40
All-Time High: ₹1,621.40 (June 3, 2024)
📈 Key Technical Indicators
Relative Strength Index (RSI): 68.19 – Approaching overbought territory, indicating strong buying momentum.
MACD: +6.97 – Positive value suggests bullish momentum.
Stochastic Oscillator: 88.40 – In overbought zone, which may signal a potential pullback.
Commodity Channel Index (CCI): 252.86 – Indicates the stock is overbought.
Williams %R: -19.29 – Also suggests overbought conditions.
Average Directional Index (ADX): 16.45 – Points to a weak trend strength, implying that while the trend is upward, it may not be strongly established.
🧮 Moving Averages
10-Day EMA: ₹235.52
20-Day EMA: ₹229.64
50-Day EMA: ₹220.86
100-Day EMA: ₹222.11
200-Day EMA: ₹244.28
The current price is trading well above all key EMAs, reinforcing the bullish outlook.
📌 Pivot Points (Classic Method)
Support Levels:
S1: ₹239.67
S2: ₹233.63
S3: ₹229.72
Resistance Levels:
R1: ₹249.62
R2: ₹253.53
R3: ₹259.57
The stock is nearing R1, and a breakout above this could lead to testing R2 and R3.
💡 Summary
Adani Ports & SEZ Ltd. demonstrates strong bullish momentum on the monthly timeframe, trading above key moving averages and supported by high trading volumes. However, several indicators suggest overbought conditions, which may lead to short-term consolidation or a minor pullback. Investors should monitor the stock's movement around the ₹1,407–₹1,621 range for potential resistance and watch for confirmation before making new entries.
