Yes it is a powerful electric pick, POWER GRID broke ATH today, Closed above Darvas ji ka box. An open above the box could give decent up-move, but don't forget it is also a one of the best bet for long term portfolio in Energy sector. Energy sector is the future.
Power sector stocks are in bull run. Considering company's business portfolio and government policy on mega power project it is a buy for long term portfolio.
@luckyGnu83400, Bro, as per my understanding one cannot correctly predict predefined target when a particular stocks breaks ATH. Powergrid is in uptrend, one can hold as long as it is in uptrend, for short term previous HL is the SL. This stock is great for long term, considering mega power policy + powergrid has got significant role in projects related to power infrastructure.