Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Powergrid rising channel...
POWER GRID CORP. LTD.
Long
Powergrid rising channel...
By The_Trader14
Follow
Follow
Apr 29, 2022
1
Apr 29, 2022
Powergrid is in the 5th wave on larger timeframe.
It is in correction phase right now on daily timeframe and good to take support around the rectangle box,then move upside for higher targets.
Any closure below the rectangle will put an end to the upside momentum and start it's journey towards the lower line of the channel.
Stay safe and trade safe.
Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.
Chart Patterns
Trend Analysis
Wave Analysis
The_Trader14
Follow
Related publications
Nifty ready to rise or fall...
by The_Trader14
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.