GE Vernova T&D India Limited : Bulls Regain Momentum

GE Vernova T&D India Limited is showing renewed buying interest on the daily chart, with the stock gaining 5.24% to close at ₹4,420. The latest session witnessed strong bullish momentum, with the price moving above its recent consolidation range. Technical View: The stock is trading above its key moving averages, including the 20 EMA (₹4,130), 50 EMA (₹4,178), 100 SMA (₹4,325) and 200 SMA (₹4,222), indicating a positive medium-term structure. The stock has also moved above the upper Bollinger Band, reflecting strong buying momentum. RSI at 61.44 indicates improving bullish strength without entering the overbought zone. MACD is showing signs of positive momentum, while ADX at 15.10 suggests that the broader trend strength is still developing. My View: The overall technical setup looks positive. Sustaining above ₹4,390–4,400 could support further upside towards ₹4,550 and ₹4,700. On the downside, ₹4,300–4,325 remains an important support zone. Traders should watch for sustained buying and follow-through above the recent high before taking fresh positions. Disclosure: The analyst or his family does not have any position in the stock. This article is for educational purposes only and should not be considered investment advice. GVT&D