Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like NHPC. Basically, the structure is positive, it has taken a breakout, trading at an all-time high. Whenever a stock trades at a new high, we normally say that why put a ceiling on it. It can continue climbing up."
"It shows strength that is why it trades here. Only thing one needs to protect it by having a stop loss. keep stoploss around Rs 30 zones and just hold on," he added.
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