NLC India is showing bullish momentum after a breakout above key technical levels, with analyst Vijay Gupta setting a ₹260 target. Backed by a ₹7,000 crore green energy investment and plans for a ₹4,000 crore IPO of its renewable arm, sentiment is improving. Gupta sees a tactical buy zone at ₹236-239, while retail interest and volumes signal potential upside ahead.