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koolshanin
Dec 18, 2016 4:49 AM

POWERGRID PA Trouble at all time high Short

POWER GRID CORPNSE

Description

POWERGRID after recently making 52W high is facing trouble at highs and currently trading in a bulls flag in Daily charts. RSI price negative divergence was observed near highs and RSI is continuing to trend lower.

POWERGRID can be shorted near TL or below 180 for 173/170 tgt. SL above the trendline or above 195
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