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DayTradersIndia

PowerGrid |Fib Level |Ascending Channel

POWER GRID CORP (NSE:POWERGRID)  
DayTradersIndia  
NSE:POWERGRID   POWER GRID CORP
Trend Analysis Chart Patterns Fibonacci Ascending Channel daytradersindia
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trendanalysis chartpattern fibonacci ascendingchannel daytradersindia
POWERGRID is touched the bottom line of ascending channel. Also it's near to the 0.786 Fib levels.
It always respected the channel trendline. So if it breached it can give good down move.
Also there is chance to continue inside the channel. Wait and take the trade, once the direction is confirmed.
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