POWERGRID - very bearish after breaking out of double top

• DOUBLE TOP BREAKOUT -
  
  price of POWERGRID has recently broken out of a perfect double top pattern indicating strong downward pressure for the stock
  
• MORNING STAR CANDLESTICK -
  
  price has formed a morning star candlestick pattern at the last peak indicating bearish momentum for the stock
  
  
• CROSSED BELOW 200D SMA -
  
  the price has also recently crossed below 200D sma which is an indicator of strong downside pressure for the stock.
  

TARGET -

the price will go till 301.9 level