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Powergrid Cup & Handle Pattern

Long
POWER GRID CORP (NSE:POWERGRID)  
vt_trader  
NSE:POWERGRID   POWER GRID CORP
Trend Analysis Harmonic Patterns Chart Patterns POWERGRID powergrid_long cupandhandlepattern cupandhandlebreakout patterntrading niftytrend BANKNIFTY priceaction swingtrading
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trendanalysis harmonicpatterns chartpattern powergrid powergrid_long cupandhandlepattern cupandhandlebreakout patterntrading niftytrend banknifty priceaction swingtrading
Powergrid has formed cup & handle pattern on hourly chart.

Entry:
We can go long after close of strong bullish candle above the neckline.

Stoploss:
We can keep the stoploss below the neckline.

Target:
We can keep target near the next resistance zone as marked on chart.

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