Power Grid : Breakout from consolidation of 2 months
Idea :
The price has given breakout on 2-12-21 and consolidating in range between Rs 200-216 since two months.
Today's bullish candle broke the descending triangle resistance with substantial volume.
Indicator:
Support & Resistance, Volume , Triangle Pattern, RSI, Moving Average
Position:
Entry Rs 210, Stop Loss Rs 199 and Target 260
Thanks
The price has given breakout on 2-12-21 and consolidating in range between Rs 200-216 since two months.
Today's bullish candle broke the descending triangle resistance with substantial volume.
Indicator:
Support & Resistance, Volume , Triangle Pattern, RSI, Moving Average
Position:
Entry Rs 210, Stop Loss Rs 199 and Target 260
Thanks
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