How to trade Adani stocks amid Hindenburg-Sebi row? Here's what charts say

Adani group shares such as Adani Enterprises, Ambuja Cements, Adani Power and ACC seem favourably placed on the charts, and can potentially rally up to 22 per cent from current levels.

Shares of Adani Group of companies were buzzing in trades on Tuesday, with select stocks rising up to 6 per cent following reports of Sebi slapping 'show-cause' notice to Hindenburg Research.

Meanwhile, the US-based short seller has alleged 'surreptitious aid' by the market regulator, the Securities and Exchange Board of India to the Gautam-Adani led group.

"Our understanding from discussions with sources in the Indian market is that Sebi's surreptitious aid of Adani commenced almost immediately post-publication of our January 2023 report," Hindenburg said in a blog post.

"Following our report, we were told that Sebi pressured