Dredging Corporation, Coal India, RVNL, RCF and Power Grid Share Price were among major gainers during trading session on Friday and we can expect momentum to continue in PSU stocks if markets remain positive. As US President Donald Trump has backtracked on some of the tariffs, global markets have witnessed a small recovery from lower levels. Indian markets can also witness higher volatility in today's session but we can expect overall positive sentiment in the markets today. Selling can be expected at higher levels. TopNews Team has reviewed technical levels for some of the PSU top performers.

Dredging Corporation of India:

The stock is showing potential rebound from the Rs 531.00 support. If bullish momentum builds, Rs 564.37 and Rs 572.26 are the key resistance levels to watch. A breakout above Rs 585.00 could trigger a further rally.

Coal India:

Coal India is trading in a tight range, with support near Rs 382.15 and resistance around Rs 392.80. The Rs 387.48 midpoint is a crucial pivot for directional confirmation in the short term.

Power Grid:

With Fibonacci support at Rs 299.12 and resistance at Rs 305.00, this stock is consolidating. A strong move above Rs 305.00 could push the price towards its 52-week high of Rs 366.25.

RCF:

RCF is nearing its base at Rs 122.00. A bounce could take it to Rs 125.52 or higher. Sustained movement above Rs 127.70 could reinitiate upward momentum.

RITES:

RITES finds support around Rs 219.26. A breakout above Rs 224.97 may be needed for bullish confirmation. Traders should track Rs 222.12 as a decisive level.

REC:

Support at Rs 396.45 offers a buying zone. Resistance lies at Rs 405.70, with Rs 401.08 being a crucial short-term level to monitor for reversal or continuation.

RVNL:

RVNL is holding firm above Rs 340.20. Watch for a breakout above Rs 348.35 to retest the Rs 360+ zone. Immediate pivot rests at Rs 344.28.