The stock seems to have given a low risk breakout opportunity. it has managed to form a higher low around critical base levels. Risk reward is favorable for an entry
Comment:
This looks like will be stopped out , although it will still be worth a try if it manages to pull back outside the trend line in the future
Comment:
PowerGrid was an Investing Idea shared 2 months back. This stock has clearly outperformed the markets and still looks worth an investment if one wants to get in.