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Published on 24/07/2019 10:09:37 AM | Source: Religare Securities Ltd

Buy Power Grid Corporation of India Ltd For The Target Rs.220 - Religare Securities

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Religare Super Ideas

Power Grid Corporation of India Limited

POWERGRID has been showing tremendous resilience despite sharp decline across the board. It’s currently consolidating in a narrow range, closer to its record high and likely to see fresh breakout in the near future. We advise creating fresh longs in the mentioned zone.

Recommendation

Buy Power Grid Corporation of India Ltd @ 207-209 Stoploss 204 Target 220 CMP 210.45

 

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