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ArcherDAVIS

POWERGRID LONG (SWING POSITION)

Long
POWER GRID CORP (NSE:POWERGRID)  
ArcherDAVIS  
NSE:POWERGRID   POWER GRID CORP
Trend Analysis Support and Resistance Trend Lines nifty50 powergrid_long profitbooking decline Bullish Patterns
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trendanalysis supportandresistance trendline nifty50 powergrid_long profitbooking decline bullish
This is a simple trend line set up, with a very good RR.

With the large intraday correction, the prices are good for entry, and may see further upside.

Buy below 180.
SL @ 170.
Target @ 200.

The horizon for this trade is 2 weeks.
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