Power grid is trending near the long term support at 186-188. Close above the trend line will make the price to move up towards the targets 194,197,199 and 202 with the stoploss of 188. RSI hidden bullish divergence supports the price action for uptrend.
Trade active:
@ 193 on 3/6/17
Comment:
Targets 1 and 2 reached on 3/8/17
Comment:
Target 2 and 3 reached on 3/31/17
Vanathi
Analyst, Trader, Investor
Moderator(TradingView)
Free telegram channel : t.me/Analysis4Newbie
Detailed daily index analysis in in.tradingview.com/u/vanathi/
Script analysis in in.tradingview.com/u/vanathi/
Analyst, Trader, Investor
Moderator(TradingView)
Free telegram channel : t.me/Analysis4Newbie
Detailed daily index analysis in in.tradingview.com/u/vanathi/
Script analysis in in.tradingview.com/u/vanathi/