Adani Power Ltd: 37.25 is correcting to near bottom support
Adani Power Ltd: 37.25 is correcting to the bottom support line after attempting to make a breakout.
Sales improved to a good 1100 cr with no much profit. Debt equity is dangerously at 5.4 times.
But the recent quarter was showing some betterment. If it maintain a healthy result,
the stock can move to 50 & 70 level.
Poised for a breakout in monthly chart
Sales improved to a good 1100 cr with no much profit. Debt equity is dangerously at 5.4 times.
But the recent quarter was showing some betterment. If it maintain a healthy result,
the stock can move to 50 & 70 level.
Poised for a breakout in monthly chart
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.