During this period, the price has made a Lower Top Lower Bottom pattern. Volumes were quite low in this downfall. The stock gave an upward move to retest its previous high of 272 before witnessing some selloff to make a low of 207 in Sept 2022.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing