Adani Enterprises remains in strong sell territory with all 12 moving averages (MA5-200) signaling sell and price trading below key levels around ₹2,553. Oversold conditions evident in RSI(28.5), STOCH(16.9), Williams %R(-93.6), and CCI(-131) alongside MACD(-14.63 sell) suggest downside exhaustion but persistent bearish momentum. Pivot support at ₹2,529-2,544 with resistance ₹2,559-2,568; break above ₹2,568 required for reversal, else further decline to ₹2,500 possible.
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