Powergrid Positional View !!

POWERGRID : cmp : 173.5
A falling supply trendline breakout could be possible in D & W chart.
If it surpass and suatains above 175 lvl a huge short covering possible.
Good base formed near 168-170 lvl . So downside limited.
On the verge of BO.RSI & MFI trending up.
Good to accumulate in this lvl.

TGT may be 181.4/188
Sl 170.5 Dclbs

Positional TGT 206
SL 166 Dclbs

Option Strategy : Buy Sept 170CE/172.5CE

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.

Trade active:

1st tgt achieved.

Trade active:

2nd tgt achieved. only positional left