POWERGRID
Cup & Handle Pattern Formation (With a Inside Bar Breakout - Weekly Chart) & Three Retests at 187 Resistance Zone.
Weekly RSI: Ranging b/w 55-60
Can Expect Breakout - Anytime Soon (Daily Volumes must be a Good Indicator to Confirm)
Possible Targets: 200 - 205
Fundamental Pros:
Good Dividend Yield: 4.15%
Low PE Ratio: 10.20 (September - 2021)
PS: Analysis Only - Not a Recommendation
Trade active:
Breakout as Suggested
Trade active:
200 - Achieved
Trade closed: target reached