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POWERGRID - A Mid term view

Long
POWER GRID CORP (NSE:POWERGRID)  
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NSE:POWERGRID   POWER GRID CORP
Trend Analysis Chart Patterns Technical Indicators POWERGRID powergrid_long powergridlong powergrididea powergridtrend powergridbuy powergridcorp powergridanalysis
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trendanalysis chartpattern indicator powergrid powergrid_long powergridlong powergrididea powergridtrend powergridbuy powergridcorp powergridanalysis
Stock has recently taken support from the levels of 204.05 and has shown signs that an upward movement is possible in the mid term horizon.
So if you are considering this stock in your portfolio then you could get into this counter as the risk would be at minimal cost.

Time duration 2-3 months

Buy @ CMP or above 212 for a Target of 240 with a stop of 204 or below.
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