NSE:POWERGRID   POWER GRID CORP
LET SEE THE PRICE ACTION (HEAD & SHOULDER , AND ASCENDING TRIANGLE PATTERN FORMED )
BUY ABOVE : 348
....................
I am a beginner to share market. i now only learning about that.
if my analysis is wrong pls tell me . i will correct it and learn form
PLS tell your opinion. about this stock.


date: 5/6/2001


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Comments

bro you are right that it make ascending triangle
but it try to make head and shoulder pattern
and your buy entry is wrong
give entry recommendation above 239 if price breakout with good volume and any patterns make like bullish engulfing , inside candlestick pattern like that

rest all thing is good
+3 Reply
bro
A line made by you is not support zone
it is resistance zone / seller zone

reason is , price try to cross that line but it fails so it becomes resistance

and zone is resistance zone
+1 Reply
pradeep_raj mjain1996
@mjain1996, thanks, for your opinion , i will correct it next time
Reply
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