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The chart of NHPC Limited shows a steady recovery after a prolonged downtrend, with price moving above its short-term moving average. A strong bullish push supported by a noticeable volume spike indicates renewed buying interest. The price is currently approaching a key resistance zone near ₹86, where sellers previously stepped in.
If the stock sustains above the entry level around ₹85–86, it could move toward the target zone near ₹98. However, failure to hold this level may lead to a pullback toward the exit/support area around ₹80. Traders should watch for confirmation with volume and price action before taking positions.
Entry: ₹85–86
Target: ₹98
Exit (Stop-loss): ₹80
