Technical Trading Idea : CG Power and Industrial Solutions Ltd Target Rs.717 By Motilal Oswal Wealth Management

CG Power and Industrial Solutions Ltd
Buy CG Power and Industrial Solutions Ltd CMP 689 SL 671 TARGET 717 DURATION Weekly
* Consolidation breakout on daily chart.
* Strong bodied bullish candle.
* Bounce from 50 DEMA support zones.
* Surge in traded volumes.
* MACD indicator giving bullish crossover.
* We recommend to buy the stock at CMP Rs.689 with a SL of Rs.671 and a TGT of Rs.717
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