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Multiyear trendline breakout on POWERGRID. Positional trade.
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POWER GRID CORP
(
NSE:POWERGRID
)
dharmesh79576
NSE:POWERGRID
POWER GRID CORP
Trend Lines
Fibonacci
priceaction
Trend Line Break
breakout
bullishbreakout
positionalview
3
0
trendline
fibonacci
priceaction
trendlinebreak
breakout
bullishbreakout
positionalview
The stock has broken above a key trendline resistance running since Aug17' and closed strongly above it. More upside can be expected as the stock has huge momentum behind it.
All levels mentioned on the chart.
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