ADANI POWER LTD
Long

Adani Power Target Intact

378
As always, expectations from Adani Power Q4 results were very high and even though results were good (except for higher tax amount), there is a sense of disappointment in the street. The story remains intact; may be some more consolidation. Any panic fall towards 570-560 due to rumours/news should be treated as an opportunity to buy. This is not a trade recommendation. Please do your own due diligence.

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