CGPOWER is in a weak technical phase, with all key moving averages from 5‑day to 200‑day giving a “strong sell” signal as price trades below them around the ₹665–675 zone. RSI near 39, negative MACD, CCI below −120, ADX above 40 and Ultimate Oscillator in oversold territory together indicate strong bearish momentum with high volatility. Classical pivot support lies near ₹656–662, while resistance is placed at ₹668–672; any bounce towards resistance is likely to face selling pressure unless the stock can reclaim and hold above its short‑term averages.
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