NLC India – Breakout Watch

Important Levels: Support: 265 – 255 Resistance: 295 – 320 Structure: Base formation after consolidation Business: Lignite mining and power generation company Expanding renewable energy portfolio Beneficiary of rising power demand Earnings: Stable cash flows Renewable capacity expansion underway Strong long-term utility demand Verdict: 👉 Power + Renewable energy play 👉 Watch for breakout confirmation