Stock of the day : Power Grid Corporation of India Ltd by Target Rs. 322- Religare Broking Ltd
Power Grid Corporation of India Ltd
* POWERGRID is demonstrating early signs of structural base formation on the, with prices consistently sustaining above a key horizontal support zone.
* The recent rebound, accompanied by improving volumes, reflects emerging buying interest and strengthening price structure.
* Price action is attempting to reclaim short-term moving averages, while the long-term average continues to provide strong underlying support, reinforcing the broader bullish outlook.
* Investors may consider accumulating long positions within the defined range.
Buy Power Grid Corporation of India Ltd CMP 302.10 Range 300-303 SL 291 Target 322
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SEBI Registration number is INZ00017433
