YES Bank has broken out on the upside after surpassing a major hurdle of Rs 25 recently. The trend has turned extremely optimistic and any corrective move should witness addition in longs.
Adani Power shares staged a bullish pivotal breakout in the previous trading session with a breakaway gap, indicating strength and momentum in the price action.
Adani Power, Adani Green Energy, Adani Total Gas, Adani Ports and Adani Wilmar shares will be in focus on Wednesday's trading session, as the Supreme Court is set to pronounce its the much-awaited verdict on Hindenburg allegations.
Adani Power has an installed capacity of 15.2 GW with an additional 1.6 GW under construction, which accounts for 7.1 per cent of India’s total thermal power generation capacity of 214 GW.
Adani Power stock was last seen trading 0.67 per cent higher at Rs 512.60 on Thursday. At this price, it has gained 99.61 per cent during the past six-month period.