2026-05-27 10:38:03 am | Source: Religare Broking Ltd
Stock of the day : Adani Power Ltd by Target Rs. 260 - Religare Broking Ltd
Adani Power Ltd
BUY Adani Power Ltd CMP 244.53 Range 243-245 SL 236 Target 260
* ADANIPOWER continues showing strong bullish momentum following a decisive breakout from a consolidation range on the daily chart.
* The stock has confirmed a flag pattern breakout supported by rising volume, while prices continue to trade above key short- and medium-term moving averages, reflecting sustained buying interest.
* The formation of higher highs and higher lows further reinforces the prevailing uptrend.
* Investors may consider buying the stock within the recommended trading range.
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