Shares of Adani Power fell for the fifth straight session today, even as the broader market rose. The stock touched an early low of Rs 145.50, with a market capitalization of Rs 2.80 lakh crore. Around 30.06 lakh shares changed hands, generating a turnover of Rs 44.26 crore on the BSE.
The stock had hit a record high of Rs 182.75 on September 23, 2025, following its 1:10 stock split. Currently, the relative strength index (RSI) stands at 59.2, showing the stock is neither overbought nor oversold.
Analysts have mixed opinions. Amruta Shinde from Choice Broking sees a chance of consolidation near Rs 145, with strong support up to Rs 136. She says a decisive move above Rs 155 could trigger a rally toward Rs 163–170.
Kunal Kamble of Bonanza Portfolio expects a correction toward Rs 127.35 as a buying opportunity, with a stop loss at Rs 114, but overall trend remains positive.
Osho Krishan from Angel Broking stays bullish, citing strong support around Rs 140–133 and resistance near Rs 158–160. He believes a weekly close above this range could kickstart the next rally.
Despite short-term dips, Adani Power shows strong momentum and continues to attract buyers on price drops.
