PowerGrid-1D Timeframe

Oct 16

POWERGRID is in a uptrend in 1 month timeframe. While coming to lower timeframe, it is clear that the chart has touched the support zone for three times and hence we could go for a long position. There are two partial profits too in this analysis.As the higher timeframe chart is in uptrend, having a long position is advicable.

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

Nov 11

Trade closed: stop reached