close within 52-week high zone

1. Within Striking Distance: NHPC Ltd's close price of ₹88.61 is trading within its 52-week high zone of ₹96.98, indicating that the stock is within striking distance of its 52-week high. 2. Uptrend Resumes: The close within the 52-week high zone suggests that the uptrend has resumed after a brief consolidation, and the stock may be gearing up for a further rally. 3. Potential Breakout: A breakout above ₹96.98 could lead to a significant upside movement, with potential targets at ₹100-₹105 levels. 4. Support Holds Strong: The zone between ₹85-₹88 is likely to act as a strong support zone, providing a cushion in case of any decline, and potentially pushing the stock price higher. Disclaimer: Investing and Trading in Stock Market is risky activity. Always trade with a stop loss. Do not Trade's invest by taking loan and trade only with the money that you can afford to risk. Do not put your entire capital in one single Trade.