During a positive trend a negative candle engulfing the previous day positive candle with good volume has appeared. Its time for short only if the price crosses the lower tail of the negative candle.
Since the volume is just above average and it is not high, we can give 3 stars.
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Stock Ticker – NSE: POWERGRID – Power Grid Corporation of India Ltd. – ENERGY
Bearish Trade plan:
Entry Level 198.60 Target 195.10 Stoploss 202.10
Analyst Rating – :3/5
View Posted on 2019-06-22