Powergrid outperforming NIFTY 500 benchmark
1. Powergrid breaking out of consolidation. This looks to be typical Wyckoff re-accumulation tilted to upwards.
2. Its also out performing the NIFTY 500 Index, which means it has high RS.
3. Short term price target of 25 % is achievable and near term target of 40% is possible.
2. Its also out performing the NIFTY 500 Index, which means it has high RS.
3. Short term price target of 25 % is achievable and near term target of 40% is possible.
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