⚡ Power India: Structural Uptrend Resumes (Weekly View)

is back in focus after a healthy consolidation phase. On the weekly chart, price has respected its rising structure and bounced strongly from the short-term moving average, indicating renewed institutional interest. 🔍 Technical Setup (Weekly): Strong bullish candle after consolidation near ₹18,500–19,000 zone Price comfortably above weekly EMA (9) → trend intact Volume expansion confirms genuine breakout participation Stochastic RSI turning up from lower band → momentum revival 📌 Key Levels to Watch: Support: ₹18,800–19,200 Resistance: ₹22,000–23,500 zone 📊 Fundamental Angle: Exposure to power automation, transmission & electrification Beneficiary of India’s capex cycle and grid modernization Parent-backed credibility and execution strength 🧠 View: Medium-term trend remains bullish as long as weekly supports hold.