CG Power and Industrial Solutions – Breakout Watch
CGPOWER
Important Levels:
Support: 760 – 730
Resistance: 840 – 880
Structure: Higher highs and higher lows
Business:
Leading player in motors, transformers and industrial equipment
Beneficiary of manufacturing and capex cycle
Strong turnaround execution under new management
Earnings:
Consistent growth momentum
Improving margins
Strong demand visibility
Verdict:
👉 Capital goods leader
👉 Watch for fresh breakout confirmation
#SectorBreakouts
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