Hello everyone. I have been tracking Adani Power from around 70, it has been hitting UCs n today also, now at 101, the question is why SEBI doesn’t take action against these stock owners as these stocks don’t respect market sentiment or trend.
It has 4 lakh plus shareholders and market cap of over 30k crores so not sure why it is operator driven and also there is nothing like stock should follow overall market trend etc.
I have seen bigger companies than this, more shareholders and costlier m-cap, yet they don’t hit UCs like everyday. So far market trend is considered if i am scared of upcoming bear market due to any bad news or event then i would definitely book profit/loss to invest later but here this stock n even Adani Enterprises don’t show any weakness even after promoters pledge their shares.
There’s no simple formula here; just like you can never understand women completely, you can never understand stonk market completely as well.
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or you don’t need to try so hard to understand women.
Maybe, you just need to go with the flow.
just inputs, when womenkind are being called out 
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Strict SL will be required in both cases due to high volatility 
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