Something cookiing in gold mini. weekly contraction + traingle breakout on cards. rsi near 60 too once it breaches 60 can pick up some momentum.
Detailed Analysis is given on chart
Weekly trend is up for powergrid
Looks like powergrid is in 3rd wave applying elliot wave concept
Daily seems to be in 5th wave of 3rd so probably we may see a last impulse move before correction
Stock has given breakout of the flag chart pattern and targets are marked based of flag widht and trend-based fibb extention
So, for new trade
Entry – 220 and if we...