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 :)