Adani Enterprises Limited // Levels //

As of January 2, 2025, Adani Enterprises Limited (ADANIENT) is trading at ₹2,544.60, reflecting a 0.45% decrease from the previous close of ₹2,556.

Technical analysis indicates the following support and resistance levels:

Support Levels:

S1: ₹2,499.73
S2: ₹2,446.02
S3: ₹2,373.78
Resistance Levels:

R1: ₹2,625.68
R2: ₹2,697.92
R3: ₹2,751.63


These levels suggest that if the stock price falls below the immediate support at ₹2,499.73, it may find the next support at ₹2,446.02. Conversely, if the price rises above the immediate resistance at ₹2,625.68, it could encounter the next resistance at ₹2,697.92.

Additionally, the Average True Range (ATR) for ADANIENT is as follows:

5-Day ATR: ₹82.25
14-Day ATR: ₹86.49
28-Day ATR: ₹91.88

The ATR is a volatility indicator that measures the average price movement over a specified period; higher values indicate increased volatility.

Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or use real-time trading platforms for the most current information.