Archive · 29 Jul 2026

Analyst Advises Caution on Adani Stocks

Analyst Advises Caution on Adani Stocks

Anshul Jain, an analyst, advises caution when investing in Adani stocks.

He suggests avoiding averaging losses and waiting for lower levels before investing in Adani Power.

He has a more positive view on Adani Ports and Enterprises, which he believes have a better chart structure.

Jain expects Adani Green to drift toward Rs 1,160-1,174 and advises against buying at current prices.

He believes Adani Power may test support levels around Rs 182 and would consider buying only around that level.

His advice underscores the importance of waiting for defined support levels before investing, even in fundamentally strong stocks.

Sources