PowerGrid
Stock is a fundamentally healthy pick with the following pros :
- Healthy operating profit margins over the past 7 quarters
- Increasing trend in EPS over the past 3 quarters
- Healthy dividend payout ratio
- Company has a good future considering EV future.
Technically is can be considered that 207 is a good support line below which it may confirm its weakness. Now it is in the range marked with the rectangle. A rejection from the support may be a good entry point for decent gains. Another option for risky investors is to enter within the range currently. Upside upto 220/230 levels can be seen in upcoming weeks if market supports.
- Healthy operating profit margins over the past 7 quarters
- Increasing trend in EPS over the past 3 quarters
- Healthy dividend payout ratio
- Company has a good future considering EV future.
Technically is can be considered that 207 is a good support line below which it may confirm its weakness. Now it is in the range marked with the rectangle. A rejection from the support may be a good entry point for decent gains. Another option for risky investors is to enter within the range currently. Upside upto 220/230 levels can be seen in upcoming weeks if market supports.
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.