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.