Adani Power Share returned 73.69% CAGR in 3 years Adani Power Limited (NSE: ADANIPOWER) company’s core business segment is into Power and is been selected for investing long term horizon over an year and above based on the strong fundamental and technical analysis provided here in this article. Technical analysis indicators; Simple Moving Average (SMA) 200 value 182.18 which is above the SMA 300 value 155.71 while the Relative Strength Index (RSI) is showing at 70.81. The trendline is very strong which indicates a bullish momentum ahead. This can be an accumulation period through stock SIP investment option in Zerodha Trading App for better stock price averaging while investing. The market capitalization as on publishing day stands at Rs. 124136/- Crore positioning it in bluechip stocks group listed on NSE India. What made Adani Power Share Price to return 73.69% CAGR in 3 years? Adani Power Share Price is currently trading at Rs. 328.55 per stock & Adani Po...
How to buy stocks like a Pro with just SMA and RSI Technical Indicators for a decent profits in long term investment.