POWER GRID CORP. LTD.

Study 1: Descending Triangle - POWER GRID

Updated

This is Just for study purpose. Power Grid seems to be forming a descending triangle . Based on breakout, it can be a LONG position or SHORT position.

Note

Doesnot seems to be a breakout. Lets observe

Note

Strong support at 208. Let c if it breakouts for short.

Note

It is a breakout and lets c if it reaches target 192.

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