2025-06-18 10:31:42 am | Source: Religare Broking Ltd
Stock of the day : CG Power and Industrial Solutions Ltd For Target Rs. 740 - Religare Broking Ltd
CG Power and Industrial Solutions Ltd
Buy CG Power and Industrial Solutions Ltd CMP 694.10 Range 691-695 SL 670 Target 740
* CG Power has exited its corrective phase by breaking above a downward moving trendline, indicating a shift in upward momentum.
* Since then, it has remained in a narrow consolidation range, holding above the neckline and key moving averages.
* The current structure suggests a solid foundation, positioning the stock well for its next uptrend phase.
* Traders may consider initiating long positions in alignment with the recommended levels.
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