Arshad_Khatib

A Good Breakout Trade in PGINVIT

Long
NSE:PGINVIT   POWERGRID INFRA. INVITS
NSE:PGINVIT

Currently The Stock is trading at 121 which is above the breakout Level
But as the Stock is still Moving up and down on the Buying Price.

at the end of the day(3:15 - 3:25)
One can buy this stock if it is trading above the Buying levels i.e 120.5
Our Stoploss will be 116.5 on Day Closing Basis
Targets will be based upon the Volumes coming in the stock
However on can consider 125-130-135 as Targets based upon Fib Retracement.

It is A Risky Trade Coz Currently the Stock is Giving a Breakout But Volumes are Not that Attractive.

(Please Make your Own Research too before investing
My Research is only for Educational Means
And we are not responsible for any profit or loss)
Comment: Trade Did Not Initiate still.
As we Didn't get Day Closing above the Prescribed Buying levels.

We will wait another trading session for breakout.

Once again I am Mentioning that It is a Risky trade Coz Volumes have not Crossed Volume Moving Average 22.

Volumes are not attractive in this trade so trading after the breakout with volumes might be Risky.

Please Trade Only if you Can With limited Quantity.
Comment: Buy Only if Day Closes above Buying levels

Safe Traders Avoid
Trade active: Active
Comment: Today Not Much Movement
But Made a High of 121 and closed on it

Once again Reminder
Safe Traders do not enter and risky Traders can enter but with limited quantities
Coz no Attractive volumes
Trade closed: target reached: 1st Target Done 🔥🚀🎯

In yesterday's Trading Session we reached 1st Target of 125
Which is 4.2% Returns 🏆💪

More to come
Book some Quantity here and keep rest for above Targets

Please set Buying Price as Cost Price so that we would Have some Profits here and
Would not get any losses in the Capital
Overall Profit.

So keep Buying Price as stoploss as It is a Risky Trade
If It goes Down we would exit CTC

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