NHPC

A Power Surge from the Base

is currently flashing a short-term bullish reversal signal as it bounces off a rock-solid horizontal support floor at 70.92. The price action has successfully formed a "double bottom" near this level, and with the daily candle gaining +1.24%, it is now aiming to break above the 80.23 SMMA resistance. The RSI at 53.94 is trending upward in neutral-to-bullish territory, providing the stock with ample "runway" to climb without being overextended. This setup suggests a high-probability swing trade toward the 85-90 range as buyers regain control and the selling momentum dries up.