Some momentum creeping into a torture like PSU. The powergrid.
Cmp is 211.
Strong weekly deliveries seen, trading at the same price since Nov 2021. Since then it has moved just 5 to 10% on either side.
A very strong 50% of Cumulative OI increase in the week.
Maintain an SL of 200 on closing basis, for target of 275
Risk reward ratio of 1:6
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