NALCO, NTPC Green Energy, BHEL, Container Corporation and HUDCO Shares Among Major PSU Losers
Public sector stocks were trading lower in today's session. NALCO, NTPC Green Energy, BHEL, Container Corporation and HUDCO were down by over 2 percent. Majority of PSU stocks were trading in the negative territory. PSU banks were also facing selling pressure in today's session with SBI, PNB, IDBI Bank in the red. TopNews has reviewed five PSU stocks on technical charts and traders can check the levels for these stocks below. All trades should be executed with strict Stop Loss.
NALCO Stock Data and Fibonacci Levels
NALCO, a major player in the aluminum sector, benefits from global demand for base metals. The stock has displayed strong momentum, nearing its 52-week high. Investors should monitor Rs 179.70 and Rs 207.89 for support and resistance levels.
| Level | Price (Rs) |
|---|---|
| 0% (52-wk low) | 96.40 |
| 38.2% | 151.51 |
| 50% | 179.70 |
| 61.8% | 207.89 |
| 100% (52-wk high) | 262.99 |
NTPC Green Energy Technical Levels
NTPC Green Energy is a standout in the renewable sector with ambitious growth plans. Trading near its upper range, it shows strong bullish sentiment. Investors should watch for a breakout above Rs 155.35 for continued momentum.
| Level | Price (Rs) |
|---|---|
| 0% (52-wk low) | 111.50 |
| 38.2% | 126.95 |
| 50% | 133.43 |
| 61.8% | 139.91 |
| 100% (52-wk high) | 155.35 |
BHEL Technical Levels for Traders
BHEL continues to leverage India’s focus on infrastructure and power projects. Near Rs 250.58, the stock has key support levels for medium-term gains. Strong resistance is evident at Rs 278.40, critical for sustained growth.
| Level | Price (Rs) |
|---|---|
| 0% (52-wk low) | 165.80 |
| 38.2% | 222.76 |
| 50% | 250.58 |
| 61.8% | 278.40 |
| 100% (52-wk high) | 335.35 |
Container Corporation
Container Corporation benefits from increased logistics demand and government initiatives. With current levels near Rs 846.00, resistance at Rs 1,033.75 provides opportunities for long-term gains. Investors should focus on strategic announcements for further insights.
| Level | Price (Rs) |
|---|---|
| 0% (52-wk low) | 757.25 |
| 38.2% | 903.51 |
| 50% | 968.63 |
| 61.8% | 1,033.75 |
| 100% (52-wk high) | 1,180.00 |
HUDCO
HUDCO, a housing and urban infrastructure leader, trades near Rs 253.50. The stock’s medium-term outlook is supported by government-backed housing initiatives. Investors should watch resistance at Rs 267.20 for upward momentum.
| Level | Price (Rs) |
|---|---|
| 0% (52-wk low) | 91.20 |
| 38.2% | 177.70 |
| 50% | 222.45 |
| 61.8% | 267.20 |
| 100% (52-wk high) | 353.70 |
