NHPC | TECHNO-FUNDA ANALYSIS

NHPC Ltd – 1D

Trend: NHPC is in a sideways consolidation zone, holding above major supports after a prior rally. The stock is currently moving within a narrow range, forming a potential base before next momentum phase. Key Levels- Major Support: ₹71.90 Intermediate Support: ₹86.00 Immediate Supply Zone: ₹91.22 Major Supply Zone: ₹100.64 Resistance: ₹118.14 Fundamentals (Key Points): ⚡ Leading PSU hydropower company with stable earnings visibility. 📈 Strong cash flows and dividend yield attract long-term investors. 💹 Healthy order pipeline and government focus on renewables. ⚠️ Short-term volatility likely due to broader market sentiment. Final Verdict: Range-Bound to Bullish — Sustaining above ₹86 keeps structure intact; breakout above ₹91 may lead to ₹100–₹118 zone.