TradingView
RavRutvik
Nov 14, 2022 8:08 PM

CGPOWER consolidating near 52W high 

CG POWER AND INDUSNSE

Description

This stock is in uptrend but thing to lookout here is it is also forming a rising wedge structure. But also attempting to break al time high. Need a definitive closing above the horizontal boundary. Seems bit of a risk due to rising wedge structure but I am hoping that pattern will fail and we can see new all time high here.
More