Top stocks to buy or sell for short term: Jindal Stainless, M&M, Adani Ent — Trading strategy, targets
Adani Enterprises is in focus.
· LiveMint Markets
As market volatility escalates, expert Jigar S. Patel highlights potential moves in short-term trading for Jindal Stainless, Mahindra & Mahindra, and Adani Enterprises. Discover key support and resistance levels and how these stocks could position traders in a turbulent market.
The analysis
Against that, the stock is -5.7% on the day at ₹2,588.00, and has returned -16.2% over three months. It sits 19% below its 52-week high. The infrastructure sector has moved -12.9% over the same period, so Adani Enterprises is running 3.3 points behind its peers.
For Adani Enterprises, the question is how much of this is already reflected in the price and how much re-rates the infrastructure peer set alongside it.
Market context
- The company directly in focus is ADANIENT.
- Sector exposure: Infrastructure.
In this story
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