ADANI POWER LTDLong
Adani Power Ltd.
*Adani Power Ltd.*
Cup & Handle Formation: Monthly Basis
Price / Volume Break-Out & Consolidation.
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Weak Company*
Sales visibility High (But Volatile) / Reported Profits for Q3FY22.
Sharp Increase in R&S / Strong Promoters - Adani Group Co.
*Concerns:*
Operates in Highly Regulated Industry - Power
Promoters Stake Pledged: 27%
Volatile top-line on Qtrly Basis / High Debt Levels / High WC Cycle
Reduction in FIIs Stake over last 3 Qtrs.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Cup & Handle Formation: Monthly Basis
Price / Volume Break-Out & Consolidation.
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Weak Company*
Sales visibility High (But Volatile) / Reported Profits for Q3FY22.
Sharp Increase in R&S / Strong Promoters - Adani Group Co.
*Concerns:*
Operates in Highly Regulated Industry - Power
Promoters Stake Pledged: 27%
Volatile top-line on Qtrly Basis / High Debt Levels / High WC Cycle
Reduction in FIIs Stake over last 3 Qtrs.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
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.
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.