Stock of the day : Power Grid Corporation of India Ltd by Target Rs. 305 - Religare Broking Ltd
Power Grid Corporation of India Ltd
Buy Power Grid Corporation of India Ltd CMP 291.85 Range 290-292 SL 284 Target 305.
* POWERGRID exhibits a constructive pattern, with price crossing above resistance following a recovery from a recent dip.
* The stock remains well-supported by its 20, 50 and 100-day exponential moving averages (EMAs), reflecting sustained short- to medium-term strength.
* Holding above key support levels with rising volumes, the stock demonstrates resilience, favoring buyers anticipating a breakout.
* Market participants may consider measured accumulation within the current consolidation range to capitalize on potential near-term upside opportunities.
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SEBI Registration number is INZ000174330
