Very aptly brought out...one should invest based on their own research rather than someone else 's advice...
Adani Enterprises has fallen too fast and took support @supertrend line on monthly chart... bounced back and now reached @2000 where this month 's highest call open interest exist...power of chart...few learned investors have invested @1000-1100 and planning to sell @2k....cool profit in such a short span of time....
Moral of the story... never fall pray to any news without self investigation... especially foreign media... they are all biased and spread news as per their suitability...
One recent news they have invested is....sales of male undergarments have reduced by 20% in India...why... because they have heavily invested their... now wants to hack up prices to dump their investment.... such is their plan
Adani stocks are bound to move up as their business model depends on perennial source of generating income and any such business model is always profitable...
Issue is as brought out earlier.... foreigners are frustrated as they are not able to access our market the way they used to access earlier and control it...
I am eagerly waiting for SEBI 's decision of increasing the trade timings aligned with international market timings... then the real game changer happens...the booty earned by Singapore and US houses would come to India rather than trades and profits going there