Confused about ADANI ENTERPRICES

I have adani enterprises 500@755, recently company has announced bonus 1:1,
also the promoters stake in mundra port will be merged to adani enterprises...bonus record date is not yet...

but im confused what to do.. coz once adani enterprises takes 80 % of mundra for market price , do u think adani enterprises shares will come down... need help.....

Well, I can't answer your second part of the question. But I'll surely shed some light on the price movement of Adani Enterprises. The stock on charts is looking strong and as sudoku said, it has strong support around 700 levels. The reason that makes me have a strong opinion about Adani Enterprises is the number of stocks that are looking good belonging to the same Industries. Look at PTC, Adani, UB Holding, SICAL ... they all are in good shape. Stocks of same Industries move together only when the underlying force behind them is extremely buoyant.

Hence, my take on this would be to hold on to Adani Enterprises.

Good Luck!