Long

India grid trust

India grid trust. From the last few months stock has been consolidating around 135 level, which is important fibo support also. Poll & flag formation going on, yet breakout not done.. you can see H&S pattern under completion after correction, yet breakout awaits. Look like a good risk to rewards trade and current position. CMP:137 stoploss: 133( for short term) 125( mid to long term). Target: if poll and flag breakout happens and sustain then this may go to 200-210 level... in addition to that company pays rs.3-4 as dividend cum interest also...study this share

vijay231084

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