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Last Updated : Mar 07, 2018 03:29 PM IST | Source: CNBC-TV18

Sell Adani Power at around Rs 32, says Sandeep Wagle

Sandeep Wagle of powermywealth.com advises selling Adani Power at around Rs 32.

CNBC TV18 @moneycontrolcom

Sandeep Wagle of powermywealth.com told CNBC-TV18, "For Adani Power sell is the advice maybe now or maybe on a bounce possible that one may get a level of Rs 30-32 as a bounce. On the downside were the stock to break Rs 25 it can go down to Rs 20 or below Rs 20 very fast. So that should be the stoploss."

At 15:21 hrs Adani Power was quoting at Rs 27.65, down Rs 1.90, or 6.43 percent.

The share touched its 52-week high Rs 47.75 and 52-week low Rs 25.90 on 08 January, 2018 and 11 August, 2017, respectively.

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Currently, it is trading 42.09 percent below its 52-week high and 6.76 percent above its 52-week low.

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First Published on Mar 7, 2018 03:25 pm
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