Powergrid(109.50) has formed triangle on a daily chart. A break above 113 can target Rs.126 -128 level.
Also it has formed Candle stick Hammer, indicating a temporary bottom. A green candle tomm. can confirm this move. Stop below todays low is must in this volatile market.
Disclosure : Its safe to assume I/ Associate has positions in the above mentioned stock.
Disclaimer : Please read it mentioned elsewhere in this blog.
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