padiyaraa
Long

Adani Power Ltd: 37.25 is correcting to near bottom support

NSE:ADANIPOWER   ADANI POWER LTD
142 0 9
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

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