29/08/2025
*_New 4 Week Focus Idea đź’ˇ_*
Buy CG Powe @ CMP 689
SL : 645
Target : 778
Rationale :
* Stock has broken out from 3 - month long consolidation zone with higher than average traded volumes.
* It has bounced up from its 100 DEMA support zones and formed a strong bodied bullish candle.
* The RSI indicator is giving a bullish crossover to confirm the positive momentum.
* We advise traders to buy the stock at CMP Rs. 689 with stop loss below Rs. 645 for potential target around Rs. 778 in 4 weeks.
