Tulsian told CNBC-TV18, "Adani Power at Rs 47 one can go short with a stop loss of 1 percent that is at Rs 47.50 and one can look for the target of Rs 45.50."
On April 09, Adani Power closed at Rs 46.75, up Rs 0.20, or 0.43 percent. It has touched an intraday high of Rs 49.20 and an intraday low of Rs 46.55.
Adani Power touched its 52-week high Rs 73.85 and 52-week low Rs 36.80 on 18 April, 2012 and 30 August, 2012, respectively. Currently, it is trading 36.7 percent below its 52-week high and 27.04 percent above its 52-week low. Market capitalisation stands at Rs 11,188.55 crore.
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