Essar Energy took a nice trendline bounce today suggesting that this trend is still in good shape. It's also a higher low so a 123-low trade could beckon on a break of the earlier bounce high at 146.7p.
This would be the cue to go long targeting the 155p and 164.5p resistances. Stops should be below today's low.
This would be the cue to go long targeting the 155p and 164.5p resistances. Stops should be below today's low.