Adani Enterprises tests Hindenburg fall support; Group shares can slide 34%

Quick Summary:

Adani Enterprises stock may re-test support around its 200-WMA, like it did post the Hindenburg allegations in Jan-Feb 2023, technical chart shows.

In 2023 fall, the stock had eventually found support around Rs 1,000-mark, which is where the 200-WMA then stood.

Adani Green now seems on course to test support at its monthly super trend line at Rs 943.

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Category: BusinessFinance

Markets: India

Topics: Markets Why adani group stocks falling today Stocks to avoid Adani group stocks Adani ports Adani group stocks Stocks to sell Technical analysis Adani shares falling Adani enterprises Adani shares today Gautam adani sec indicment Adani green energy Adani group shares Technical charts Adani energy solutions Why adani shares falling today Adani group stocks Adani group outlook

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Published On: 2024-11-21 @ 10:44:57 (2 days ago)

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