POWER GRID CORP. LTD.
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Short Powergrid

112
Daily chart indicates 20 DMA closing near 200 DMA from above implying weakness. The stock failed to hold at 200 DMA but failed and forming LL for past 3 sessions even when market is in uptrend showing underperformance. RSI too showing bearish trend. Immediate target is 203 then 200.

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