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samabishek0611

POWERGRID 1hr tf.. Symmetrical Triangle Pattern

POWER GRID CORP (NSE:POWERGRID)  
samabishek0611 Actualizado   
NSE:POWERGRID   POWER GRID CORP
Trend Analysis Trend Lines
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trendanalysis trendline
The stock has been in a continuous downtrend..But ever since Sep 24th, the stock has been making higher lows.. And a symmetrical triangle pattern has been formed in the process.. I do not wish to predict the side its going to breakout.. Lets just wait for it to happen and trade what we see...(This is only for educational purpose)
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snapshot
Look at the beautiful move today after breaking out on the down side.. 2.5% down
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