BUY ADANI POWER | CMP: Rs 55.85 | Target: Rs 65-68 | Stop Loss: Rs 50
The stock has indicated a rising trend and, after some consolidation, has improved the bias with decent volume participation. Currently, the RSI is also well placed and has strength to anticipate further upside move in the coming days. With the chart looking good, we suggest to buy and accumulate this stock for an upside target of 65-68.
BUY RITES | CMP: Rs 244.90 | Target: Rs 270-280 | Stop Loss: Rs 230
The stock has witnessed a decent correction recently and has bottomed out near