I have purchased one lot of Adani Energy Solutions December futures for ₹1,000. What levels should I aim to book profit/loss? – Rajeev Gupta, Lucknow
Adani Energy Solutions (₹980): The stock has been in an uptrend since early September. It found support at ₹750 which helped in establishing a rally. But after hitting a one-year high of ₹1,050 three weeks ago, the uptrend lost momentum and the price has been moderating since then.
However, the recent drop in price is likely to be only a corrective one and the stock is likely to resume the rally. Supporting this, the price remains above a key support at ₹950. Given the prevailing chart set-up, we expect the stock to resume the uptrend and touch ₹1,100 in the near term.
Hence, Adani Energy Solutions December futures, too, is likely to rise to ₹1,100. So, you can retain this trade.
But we recommend keeping a stop-loss at ₹950. When the contract moves up to ₹1,050, revise the stop-loss to ₹1,015. Tighten the stop-loss further to ₹1,050 when the price hits ₹1,080. Book profits at ₹1,100.
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Published on December 6, 2025
