I will buy POWERGRID because :
It has been taking support at the trend line .
It has touched the trend line a few times and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the trend line downward then look at shorting opportunity .
Entry : 172
Target : 191
Stop loss : 166
I will short tatasteel because :
It is facing a strong resistance at the trend line.
Its not been able to break that trend line.
The price is again at the resistance trend line and may fall.
If it breaks the resistance trend line then we will be looking to buy.
Entry : 400
First Target : 320
Second Target : 280
Stop loss : 440