Adani Green just had its largest promoter sale in 18 months. What I'm watching.

Yesterday at 11:32 AM, Adani Green Energy promoters sold 2.1 lakh shares. ₹47 crore. The largest insider sale in this stock in 18 months. The price barely moved. Down 2.1% intraday, recovered most of it by close. The financial press will report it as "profit booking." I want you to do something different. Open the BSE insider trading tab for ADANIGREEN. Sort by date. Look at the pattern. Three months ago: 1.4 lakh shares sold. Two months ago: pledge increased by 1.8%. Last month: auditor change. Now: 2.1 lakh shares sold. No single one of these is alarming. Promoters sell for many reasons — diversification, tax, personal liquidity. But the *pattern* is what experienced investors call "incremental distribution." Insiders walking out one room at a time, before someone notices the building is on fire. I'm not telling you to sell Adani Green. I'm telling you what to watch: the next two pledge filings, the next quarter's auditor opinion, and whether more promoter sales follow. When the building catches fire publicly, you'll be glad you noticed which exits the insiders used three months earlier.