Stock of the day: Buy Power Grid Corporation Ltd For Target Rs.258 - Religare Broking
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Power Grid Corporation Ltd
* We are seeing select stocks from energy pack holding well and Powergrid is among the performers.
* It has formed a fresh buying pivot while holding firmly above the neckline of previous consolidation range.
* It looks set for a surge now. Expect to make a new record high soon.
* We thus recommend creating longs in the mentioned range.
Technical Chart : Weekly
Buy Power Grid Corporation Ltd CMP 244.90; Range 242-245; SL 237; Target 258
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