POWERGRID is facing Trendline Resistance at Daily time frame. It gave Breakout and now re-testing it. It is right above the 200MA. There is probability of reversal from this level, one may keep an eye on it.
Right now at a good support. In case it goes down then it may touch 295-290 levels.
For learning and educational purposes only, not a trading advice. Please consult your financial advisor before investing.