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1. Trading below the moving average with a RSI divergence.
2. Watch the price action carefully and trade .
TP - 210 SL-221
1. In the support area of the channel and looks like breaking down because of Rsi Divergence and trading below the moving average.
2. Watch the price action and trade accordingly.
3. SL 221.
Date of Trade (Time if applicable): 25 March 2017
Entry Date: Buy Stop
Long/ Short: Long
Current Price: 196.75
Entry Price: 198.23
Time Frame: Daily
About the company
Power Grid Corporation of India Limited is a transmission company engaged in the power transmission business with ...
It is been observed that the price action is breaking out from a range formed on the 30 mins/hourly chart. It shall further boost the price action and reach to next resistance levels.
ascending scallop pattern