CG Power eyes ₹700 breakout as analyst flags pullback setup
Analyst Deepak Pal sees CG Power poised for a breakout above ₹700 after a strong bounce from ₹650 support. The stock is trading above key EMAs with positive MACD and RSI signals. A dip to ₹650-660 may offer good entry, with stop-loss at ₹625. Backed by a ₹9,500 crore order book and a near debt-free balance sheet, fundamentals remain strong.