Stock of the day : Buy Power Grid Corporation of India Ltd For Target Rs. 216 - Religare Broking Ltd
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Power Grid Corporation of India Ltd
* POWERGRID has been in a steady uptrend from last more than 6 months
* The stock has registered a breakout from intermediate channel holding above its short term averages.
* The price pattern coupled with uptick in volumes suggests bullish tone to continue.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Power Grid Corporation of India Ltd CMP 203.05; Range 204-205 SL 198 ; Target 216
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SEBI Registration number is INZ000174330
