Lets take a closer look.
Need to be a little cautious and short only below the trendline (96) since point 3 is below 1 - it does not seem to be a valid WW.
Alternative below looks like a bullish WW. Lets see if it heads towards 106/8.
Monday, January 24, 2011
Post from Gaurav - Powergrid - Bearish WW?
Here is a post from Gaurav on Powergrid.
Lets take a closer look.
Need to be a little cautious and short only below the trendline (96) since point 3 is below 1 - it does not seem to be a valid WW.
Alternative below looks like a bullish WW. Lets see if it heads towards 106/8.
Lets take a closer look.
Need to be a little cautious and short only below the trendline (96) since point 3 is below 1 - it does not seem to be a valid WW.
Alternative below looks like a bullish WW. Lets see if it heads towards 106/8.
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