Buy NHPC around 30.2 avg @ 27.8 TGT 42/88/115 sl below 24
The stock made a good consolidation and operates in Clean energy projects with huge upcoming and current projects especially in Hydro Electricity and Solar Power on reservoirs with book value @0.95 and PE @ 9.38. Technically the stock is also giving a good breakout and in medium term can be a good pick for portfolio. The company is also a mini ratna and have good future potential
Trade closed: target reached
The stock has sustained above 42 and finally gives the actual breakout and now is in open territory to move towards the second and final target .Trade closed: target reached
Full target achieved 115
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.