Buy Adani Power, advises Shardul Kulkarni

Shardul Kulkarni of Angel Broking told CNBC-TV18, "Adani Power looks quite good on the charts. Three days back it was one of the stocks that gave a decent breakout on the upside and going forward Rs 43-44 is a decent target price which one can look for. So a 10-12 percent upside from current levels is very much on the cards."

"I would look at buying the stock with a stoploss of Rs 38 for a target of around Rs 43-44 on the upside. So Adani Power would be a buy from my side," he said.