Stock Radar: Why Power Grid stock is a medium-term buy? Holds above 50-weeks moving average

Power Grid Corporation of India stock is trading above a key resistance level. The stock broke a downward trendline in February 2026. Experts suggest accumulating the stock. A target of Rs 340 is possible in the next 2-3 months. Traders can place a stop loss below Rs 278. The stock shows renewed buying interest.

Apr 16, 2026 - 03:00
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Stock Radar: Why Power Grid stock is a medium-term buy? Holds above 50-weeks moving average
Power Grid Corporation of India stock is trading above a key resistance level. The stock broke a downward trendline in February 2026. Experts suggest accumulating the stock. A target of Rs 340 is possible in the next 2-3 months. Traders can place a stop loss below Rs 278. The stock shows renewed buying interest.

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