Showing posts with label powergrid. Show all posts
Showing posts with label powergrid. Show all posts

Wednesday, February 23, 2011

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.