Adani Power (CMP ~ ₹633) is consolidating above recent support near ₹620–630, showing some buying interest. Resistance lies around ₹650–660; if the stock breaks above this zone with good volume, it could head towards ₹680–700 in the short term. Downside risk exists if it drops below ₹620, which may lead to further weakness. Overall, bias leans mildly bullish with buy-on-dips strategy favored.
BUY : ADANIPOWER-EQ( ADANIPOWER ) [17388]
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