Nifty CPSE Analysis:
- Index is near multiyear breakout -
- As of now resistance level is around 2800 levels
Major Index constituents:
- Power Grid Corporation of India 20.68%
- NTPC 20.28%
- ONGC 18.82%
- Coal India 14.76%
- Bharat Electronics 9.69%
- NMDC 7.15%
#PowerGrid
- A clear leader in the pack.
#NTPC..
- Lagging behind
- Next resistance is around 160 level
#ONGC
- Next resistance around 210 level
#COALINDIA
- Next resistance around 220 level