POWERGRID is in a uptrend in 1 month timeframe. While coming to lower timeframe, it is clear that the chart has touched the support zone for three times and hence we could go for a long position. There are two partial profits too in this analysis.As the higher timeframe chart is in uptrend, having a long position is advicable.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
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