The short-term outlook is bullish for Adani Power. The price action in the last few days indicates that the upmove in the stock is gaining momentum. The stock is holding well above ₹145, a key resistance which was broken last week. The levels of ₹145 and ₹142 are good supports now. The stock can rise to ₹162 in the near-term. A break above it can take Adani Power share price higher to ₹185 in the coming weeks. Traders can buy Adani Power shares now at ₹154. Accumulate on dips at ₹146. Keep the stop-loss at ₹138 initially. Trail the stop-loss up to ₹158 as soon as the stock goes up to ₹161. Revise the stop-loss higher to ₹163 and ₹172 when the price touches ₹168 and ₹177, respectively. Exit the long positions at ₹182.
Video Credit: businessline
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
Published on March 17, 2026
