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SumanSpeaks Capital Markets & Geopolitical Intelligence · Estd 2006 Governance · Regulatory Risk Reliance Power: When Legal Clouds Gather Over Market Euphoria ₹20,367 crore attached across the Reliance Anil Ambani Group. A ₹68.2 crore fake bank guarantee at the centre of it. A former CFO in custody for ten months and counting. And a stock that's still down more than half from its 52-week high even after a sharp rally. The market is pricing the turnaround. The Enforcement Directorate is pricing the history. Both can't be right forever. Reliance Power Ltd (₹24.07) has genuinely turned a corner operationally over the past two years — debt reduction, a growing renewable and BESS order pipeline, and periods of sharp investor re-rating. That part of the story is real and deserves credit. But sitting underneath that story is a live,...
Today's Calls
1.  Buy M&M Finance Ltd at around Rs.444-445, SL: Rs.435, T: Rs.461 on T+2 basis.
2. Intraday sell Canara Bank at around Rs.387, SL: Rs.392.50, T: Rs.379-376.
3. Intraday sell Hexaware at around Rs.326, SL: Rs.328.50, T: Rs.321-319.
4. Intraday buy COPPER at around Rs.445.20, SL  above Rs.442.50, T: Rs.449.00.

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