Adani group stocks, barring Adani Ports which has rallied nearly 17 per cent, have witnessed a lacklustre performance on the stock exchanges thus far in the calendar year 2025.
Other than Adani Ports; Adani Energy Solutions and Adani Power - up 7.4 per cent and 3 per cent are the other notable movers on the BSE and NSE. Among others, share price of Adani Group flagship firm - Adani Enterprises has slipped 1.6 per cent; whereas Adani Total Gas and AWL Agri Business have dropped over 10 per cent each.
In comparison, the
NSE Nifty 50 index has gained 4 per cent, and the broader
Nifty 500 index has advanced 2 per cent so far in 2025.
Read Latest Stock Market Updates Today LIVE Given this background, are Adani group stocks worth investing in at the current juncture? Here's a technical outlook on Adani Enterprises, Adani Green Energy and Adani Power.
Adani Enterprises
Current Price: ₹2,514
Upside Potential: 11%
Downside Risk: 12.5%
Support: ₹2,494; ₹2,400; ₹2,300
Resistance: ₹2,577; ₹2,625; ₹2,730
Adani Enterprises stock has been trading on a tepid note, as the stock has been struggling below its 200-Day Moving Average (200-DMA) since mid-October 2024. At present, the stock is seen attempting to seek support around its 20-DMA, which stands at ₹2,494.
CLICK HERE FOR THE CHART Technical chart shows the presence of an overhead hurdle in the form of 200-DMA at ₹2,577; above which resistance for the stock can be anticipated around ₹2,625 levels. The overall bias is likely to remain tepid as long as the stock trades below ₹2,730 - ₹2,790 levels, suggests the chart.
On the other hand, Adani Enterprises has multiple support levels in the range of ₹2,300 - ₹2,400; with downside risk up to ₹2,200. Thus, indicating that the stock may broadly trade in the range of ₹2,200 - ₹2,700 for now.
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Current Price: ₹551
Upside Potential: 10.7%
Downside Risk: 14.7%
Support: ₹539; ₹520
Resistance: ₹557; ₹590
Adani Power stock is seen consolidating in a tight range, between its 50-DMA and the 200-DMA, which stand at ₹539 and ₹557, respectively. Chart suggests that the stock is likely to trade with a tepid bias as long as it trades below ₹590 - ₹610 levels. On the downside, the stock has strong support around ₹520 and ₹470 levels.
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