Adani has. strong support at 900 and resistance as of now at 1030 and 1085, if it crosses these points then it might be able to grow up to 1300 again and it would be out of the puddle it is currently
Note
It has a PE of 108 even after correction as of today, Reaching back to a PE of 526 is a huge task for any company including maintaining the current PE. So be very diligent when trading this. Do your analysis using various tools like a screener etc before investing.
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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.
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.