Tech_stock_trader
Long

Power Grid stock in uptrend & at BO level

NSE:POWERGRID   POWER GRID CORP
We can see Power Grid stock in uptrend & successfully BO the level of 173 & trading above the 50 EMA Level. Now since last 3 days stock is trading in a range. Now next big move we can see after the BO level of 183 as marked in the charts. Also we can see the minor pull back. Also on weekly chart a bearish engulfing candle has been seen. So let's wait for the complete BO before taking long entry. Target level is 190 & above 190 we can see the 200 levels in the stock.

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