Adani Enterprises: Analyst sees short-term 'buy-on-dips'
Shares of Adani Enterprises surged more than 3% on Monday, adding to last week's gains after SEBI dismissed Hindenburg's allegations against the group company. Analyst Sudhansu Sekhar Panda of Bluemoon Research & Financial Services said that on the daily chart, Adani Enterprises formed a W-pattern breakout above 2,430 last Friday, highlighting 2,670-2,680 as the key zone to watch.