Breakout Stock for Monday (20 July 2026)

POWERGRID

Breakout Stock for Monday (20 July 2026) 1. Power Grid (POWERGRID) – BUY Buy: ₹283–286 Target 1: ₹295 Target 2: ₹305 Stop Loss: ₹277 Why? Fresh momentum with above-average volumes. Trading above key moving averages. Relative strength improving after Friday's strong close. 2. Adani Power – Momentum Pick Buy above Friday's high. Strong price structure with continued momentum in the power sector. 3. IndusInd Bank – Swing Pick Watch for a breakout above Friday's high with strong volume. Banking stocks are attracting buying interest ahead of earnings. Nifty View Support: 24,200–24,150 Resistance: 24,450–24,550 Bias remains Buy on Dips as long as Nifty holds above 24,200