AJSone

211.95 level is important for monday

Short
NSE:POWERGRID   POWER GRID CORP
211.95 level is acting as neckline of head and shoulder .
disclaimer:
Dont take any trade on my personal view ,do your analysis before any investment or trade.
This is purely for educational purpose.
Thank you
Order cancelled

Comments

head & shoulder in 30 mins? Short? wow
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AJSone jashjacob
@jashjacob . This Analysis was given on 15 Feb .do check the stock has respected the 211.95 ( neckline) .
on 16 Feb the stock broken the right shoulder .so I changed my mind from short to long
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AJSone jashjacob
bro ,for ur confirmation stock is still taking support from 211.95 even after a huge fall by 🐻.do check
disclaimer : I am not a pero
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AJSone jashjacob
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how you think about tomorrow? this set up valid? today it just came to 211.55 but retraced.
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AJSone consultanilkumarg
@consultanilkumarg, This setup is not valid anymore bcoz its broken right shoulder in chart.( This is good sign for buyer tomorrow)
This is fourth time to touch 211.95 from 2016.
So be cautious while trading and investing.
I thing there will be some buying pressure for tomorrow( res 215)
This is only for educational purpose.
thank you
Reply
AJSone consultanilkumarg
@consultanilkumarg, if 211.95 broken , u can see 207 or 208
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