⚡PowerGrid Gaining Momentum

Power Grid Corporation of India Limited has broken out of its downtrend with a clean retest, and continuation is now visible on improving volumes. The stock is trading above its weekly 20-EMA, with RSI near 60, indicating strengthening bullish momentum. The setup also reflects the broader strength in the power sector, supported by rising electricity demand from households during summer and increasing industrial activity, which continues to improve the sector’s outlook. ⚡📈