Shares of Adani Energy Solutions have decreased from their peak. Investors are awaiting the June quarter earnings report. The report is due on Thursday. Analysts suggest a potential move towards Rs 940. Technical indicators show mixed signals. Support lies at Rs 840, with resistance near Rs 900. The earnings report may resolve the current technical deadlock.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce