Adani Power — Hold or Sell? (Bought at ₹214 | Current Price: ₹214–₹223)

✅ Reasons to HOLD

→ Stock is up 44% in just one month → Strong summer season = high power demand → Company entering nuclear energy sector → Q4 results on April 29 — could push price higher → 391% gain in 3 years — strong long-term stock

⚠️ Reasons to be CAUTIOUS

→ RSI at 87 — stock is heavily overbought → Net profit falling for 3 quarters in a row → Revenue declining ~5.5% every quarter → High volatility — can drop fast after big rally

💡 My Suggestion

You bought at ₹214 and are currently at breakeven or slight profit. The smart move right now is to HOLD with a stop-loss at ₹198–₹200. Wait for Q4 results on April 29 before making any big decision. If results are bad — book partial profits. If results are good — you can hold or add more.

📌 Disclaimer This is not financial advice. Please consult a SEBI-registered advisor before investing. Past performance does not guarantee future results.