2026-11-05 10:46:33 am | Source: Religare Broking Ltd
Stock of the day - Adani Green Energy Ltd Target Rs.1480 - Religare Broking Ltd
Adani Green Energy Ltd
BUY Adani Green Energy Ltd CMP (Rs) 1388 Range* 1380-1388 SL 1335 Target 1480
* Adani Green Energy has delivered a decisive breakout above its prolonged consolidation range, with strong price expansion signaling renewed buying interest.
* The stock continues to trade above its key short- and medium-term EMAs, reinforcing the improving trend structure.
* A sustained sequence of higher lows indicates accumulation, while supportive volume enhances breakout credibility.
* Traders may consider initiating long positions within the recommended price range.
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