CMP 1046

The stock will see demerger of shares and will be divided into 4 verticals in October viz:-

- power genreation
- power distribution
- retail
- others

Now coming back to charts

On weekly charts the stock has given a nice breakout and the stock may be heading towards 1160-1200 zone

Immediate Support at 1023-1030

Stronger support at 996-1003 levels

Hope it helps to Plan your trade accordingly... :-)

Tc and safe trading...!!!
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