POWER GRID CORP. LTD.
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PowerGrid | Decsending triangle Pattern | Initiate Buy

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After the impulsive wave 1 it has consolidated forming the descending triangle and Wave 2 will start soon.
Most of the technicians prefer to buy when it starts forming wave 2. The reason to initiate buy now is that this stock has good fundamentals with rising EPS and Debt is also less with Rising revenue. Moreover, I prefer to buy now as the Risk to reward ratio at this stage is also good.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.