Adani green share

As disclosed in the chart drawing, I am trying my best to analyze the script to best of my ability. I feel like support is established in the mentioned script and if it holds, potential medium term target appears to be decent. As disclosed in the chart drawing, I am trying my best to analyze the script to best of my ability. I feel like support is established in the mentioned script and if it holds, potential medium term target appears to be decent. Adani green major demand 384 448 major Supply 1048 1200 Normal time being demand near 584 624 major Problem only if WC below 368 384 level. Just Demand nd Supply zone Adani green major demand 384 448 major Supply 1048 1200 Normal time being demand near 584 624 major Problem only if WC below 368 384 level. Just Demand nd Supply zone NSE:ADANIGREEN Risk Reward is good ! Wait for 1 Hour close on the Trendline. Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You ar NSE:ADANIGREEN Risk Reward is good ! Wait for 1 Hour close on the Trendline. Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You ar Adani Green is currently trading at a favorable support level of 500. It is expected that the stock price may reverse f...

MUMBAI, INDIA FEBRUARY 23: Gautam Adani, Chairman of the Adani Group during a press conference in 2012 in Mumbai, India. (Photo by Abhijit Bhatlekar/Mint via Getty Images) Hindustan Times via Getty Images Two companies with alleged ties to Adani underwrote Adani Enterprises’ stock offering this week. Monarch Networth Capital, an Indian brokerage firm, has been partially owned by the privately held Adani Properties Private Limited since 2016, according to Hindenburg’s report. Albula, an offshore fund identified by Hindenburg as a proxy of Adani’s, held a 10% ownership stake in Monarch in 2009, according to According to Adani Enterprises’ published offering statement, Elara Capital’s responsibilities in the share offering consisted of “drafting and approval of all publicity material” while Monarch was tasked with “non institutional marketing” to investors. The fundraising effort, which Adani Enterprises first announced in Abu Dhabi’s IHC investment firm Economic Times and the Financial Times The involvement of Elara Capital and Monarch Networth Capital, however, raises questions about whether any of Adani’s personal funds were deployed to help meet the $2.5 billion target. “The only way Adani can actually resolve this issue is to illustrate who did buy all of the shares,” says Tim Buckley, a former investment banker at Citigroup and director at Australia-based Climate Energy Finance, who has been studying the Adani Group for over a decade. “It would be my speculation that th...

Shares of Adani group companies will be in focus on Wednesday morning after a Bloomberg report quoting sources suggested the conglomerate, led by billionaire Gautam Adani, is in talks with lenders to refinance up to $3.8 billion of a loan facility taken for its acquisition of Ambuja Cements last year. Last year, Adani Group acquired ACC Ltd and Ambuja Cements Ltd in a $10.5-billion deal that was financed by bridge loans. As per the Bloomberg report, the group is mulling whether to convert the original loan into debt with a longer maturity period and has started talking to banks individually about that plan, the report added. The Adani Group's high debt levels were among the concerns that were flagged by US short-seller Hindenburg in a scathing report on January 24. Since then, the 10 listed companies of the group have lost 46 per cent of market value, which together stood at Rs 10.41 lakh crore as on Tuesday against Rs 19.20 lakh crore as on January 24. Adani Total Gas shares are down 83 per cent since while Adani Transmission shares are down 72 per cent during the same period. Adani Green Energy has also tumbled 50 per cent during the period. On the other hand, flagship Adani Enterprises, Adani Ports, Adani Wilmar and Adani Power are some of the stocks that have seen solid recovery since. The Bloomberg report suggested that the refinancing process may conclude within four months and most of its existing lenders, including Barclays Plc, Deutsche Bank AG, Standard Chartered...

Shares of Adani Green Energy surged 9 per cent on Monday amid heavy volumes, defying overall weakness in the domestic benchmarks. The stock climbed 11.98 per cent to hit an intraday high of Rs 2,141.35 over its previous close of Rs 1,912.30. The scrip eventually settled 9.47 per cent higher at Rs 2,093.30 today on BSE, extending its gains for the third straight session. Support on the counter could be seen at Rs 1,920, an analyst said. Around 1.85 lakh shares changed hands today, which was more than five times compared to Adani Green's two-week average volume of 35,000. Turnover on the counter stood at Rs 37.84 crore, commanding a market capitalisation (m-cap) of Rs 3,31,585.52 crore. Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi, said, "On the weekly chart, Adani Green has already consolidated for more than 2-3 weeks in the price range of Rs 1,700-1,950 level. At the start of this week, it has given a breakout of this range and closed above 50-DMA (day moving average)." Dongre suggested that investors can buy Adani Green Energy shares with a stop loss placed at Rs 1,700 for a target price of Rs 2,600. AR Ramachandran from Tips2trades said, "Rs 2,117 is a strong resistance for Adani Green on the daily charts. A close above this level paves the way for Rs 2,212-2,288 in the near term." Support on the counter would be at Rs 1,920, Ramachandran added. The counter traded higher than 5-day, 20- and 50-day moving averages but lower than 100-day and 200-day ...