Power Generation
S.G. Power Limited, a thermal power producer, is oversold and near its 52‑week low, setting up a short‑term bounce.
Why now: RSI in the low 30s and price below both 50‑ and 200‑day averages after a sharp one‑month drop create a pull‑back buying opportunity.
Risk: Further downside if broader market sentiment remains negative.
At pick
23.23
Buy zone
22.53 - 23.23
Target
24.62