Will this stock turn back? Your take?

[Jayanti Mehrotra]

The situation seems to be a little better now, I’m still not sure if I should continue to hold or sell. Any thoughts?

 

[Sarasvati Kapudia]

The stock is observing some recovery lately. I hope to see it rise again soon.

 

[Sanya Kapoor]

The stock is gaining momentum after an uptrend in power stocks of the Adani Group. The group is observing the dual benefit of coal trading and a rise in demand for power in this way. The group has good exposure to coal trading, and coal prices have risen. Because of profit in the coal trade, market participants are expecting good earnings from Adani group companies. Rising power demand will be relatively helpful in Adani's balance sheet in upcoming quarters.

 

[Satya Bhardvaj]

It seems to be in a better place now, but we can’t really say anything. I’m just hoping it doesn’t dip again.

 

[Shreya Bajpeyi]

Adani was on the down low, but now the stock is rising so we could expect good times ahead.

 

[Sonali Vidi]

The stock has been moving higher lately, but investors must be cautious about investing in the group's stocks because Adani Group has high levels of debt.

 

[Ananya Kumar]

The stock has picked up compared to the situation the past few weeks during the dip. So, if you’re looking into this one and are interested, analyse the market and depending on your goals, make a decision. Good luck.

 

[Suryakant Kaul]

Investors earlier were worried because it dipped but now the status is getting better. So, there is hope and the situation is picking up. So, check the market again and make relevant moves according to your plan.

 

[Jai Kapoor]

It’s looking up, so I don’t think there’s any issue now. Hopefully it stays like this and doesn’t dip again.

 

[stoch]

As for me, currency pairs provide more volatility and better respond to support and resistance levels so my focus is currently on them