POWERGRID 1D TF
In the previous post, I've posted that 
POWERGRID is in a demand zone and will retrace. But the market hit stoploss in that trade. Now we can clearly see that POWERGRID has gained liquidity and moving up. Though a strong bullish candle can be seen. This is a risky entry. Hence be cautious and look for confirmations before entering the trade.
We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
POWERGRID is in a demand zone and will retrace. But the market hit stoploss in that trade. Now we can clearly see that POWERGRID has gained liquidity and moving up. Though a strong bullish candle can be seen. This is a risky entry. Hence be cautious and look for confirmations before entering the trade.We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Disclaimer
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