Powergrid is currently on its trendline there is strong possibility that it will bounce back my targets r given above hope u guys like it
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Consult your financial advisor before investing
Also feel free to give feedback
It has achieved T1&T2 targets today,if it breaks the 1800 levels & sustain above it then looking at Fibonacci and pivot levels it can go upto 1850 & further 1888 levels,one should consider that there is a bonus issue in this stock
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.I Am not a SEBI registered advisor pls consult your financial advisor
Looking at the chart it is tarding exactly on its trendline it's 1st support is around 925 and the most strong support is 900,and talking about resistance it is at 950 which is also one of the pivot point,it may go till 965 and further 982
VBL has broken it's trendline next trading session it's very crucial for VBL support is around 1000,it is facing very strong resistance at 1030 levels if it breaks with good volumes & susutain th neasily 1050 levels is achievable,safe traders may enter after 1030 levels breakout, although keep an eye on this stock it is giving bonus,hope u like the analysis I am...
