Power Grid : Breakout from consolidation of 2 months

2022년 1월 20일

Idea :
The price has given breakout on 2-12-21 and consolidating in range between Rs 200-216 since two months.

Today's bullish candle broke the descending triangle resistance with substantial volume.

Indicator:
Support & Resistance, Volume , Triangle Pattern, RSI, Moving Average

Position:
Entry Rs 210, Stop Loss Rs 199 and Target 260

Thanks