The scrip is moving above its crucial moving averages. It has been taking support from its 20-day moving average for the past four weeks.
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Sharmila Joshi, sharmilajoshi.com is positive on Power Grid. The expert has advised traders to buy the stock with a target of Rs 172 in intraday trade. The stock has touched a high of Rs 160.85 and low of Rs 159 so far in trade. The scrip is moving above its crucial moving averages. It has been taking support from its 20-day moving average for the past four weeks.