MACD Crossover Swing Trade📊 Script: HINDUNILVR
📊 Sector: FMCG
📊 Industry: Personal Care - Multinational
⏱️ C.M.P 📑💰- 2231
🟢 Target 🎯🏆 - 2362
⚠️ Stoploss ☠️🚫 - 2172
📊 Script: KPIL
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Transmission Line Towers / Equipment
⏱️ C.M.P 📑💰- 1206
🟢 Target 🎯🏆 - 1272
⚠️ Stoploss ☠️🚫 - 1176
📊 Script: CHENNPETRO
📊 Sector: Refineries
📊 Industry: Refineries
⏱️ C.M.P 📑💰- 942
🟢 Target 🎯🏆 - 999
⚠️ Stoploss ☠️🚫 - 912
📊 Script: POWERGRID
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑💰- 281
🟢 Target 🎯🏆 - 298
⚠️ Stoploss ☠️🚫 - 272
📊 Script: NATCOPHARM
📊 Sector: Pharmaceuticals
📊 Industry: Pharmaceuticals - Indian - Bulk Drugs
⏱️ C.M.P 📑💰- 999
🟢 Target 🎯🏆 - 1069
⚠️ Stoploss ☠️🚫 - 965
⚠️ Important: Always maintain your Risk & Reward Ratio.
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POWERGRID
POWERGRID : VCP Breakout#POWERGRID #vcpbreakout #VCPpattern #breakout #swingtrade #momentumtrade
Power Grid : Swing Trade
>> VCP Breakout
>> Trending Stock
>> Good Strength & Volume
>> Low Risk & High Reward
Swing Trader can lock profit at 10% and keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
CNXPSEI first mentioned about PSEINDEX coming out of multiyear consolidation and give a major breakout during one of the video which I posted in August 2022. Link is there in related idea section and listen from 12:30 mins.
The index is on the verge of multiyear breakout and possibility of giving a highest monthly closing ever is more than ever before.
Keep scripts related to this sector in your radar as they are going to outperform in my opinion.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Power Grid Corporation
🔍 Description: The target of multiple patterns is pending, stock bounced back from solid support.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Power Grid Corporation
🔍 Description: Stock is on daily strong support and the Probability of bounce back is high.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Powergrid - Looking to Break freeNSE:POWERGRID CMP: 231
SL: 216
Initial Target: 248(ATH)
If holds and crosses, 248 then target is open.
RR(For first target): 1.14:1 (for target 248). Beyond that it improves
Reason:
1 - CNXINFRA looks good. IF this breaks out, then this will perform beautifully.
2 - Stock looks like breaking out of consolidation of year long consolidation from what could possibly be a flag and pole pattern.
3 - Possibly could be Break Out of Flag & Pole ( On Weekly)
4 - Above all moving averages on Daily and Weekly
5 - RSI is trending up
6 - MACD looks positive.
Disclaimer: The buy and sell recommendations provided in this report are for informational purposes only and do not constitute financial advice. The information contained in this report has been obtained from sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. Any opinions expressed in this report are subject to change without notice.
Trading stocks involves substantial risk, including the loss of all or a portion of your investment. Before making any investment decisions, you should carefully consider your financial objectives, risk tolerance, and financial situation, and consult with a financial advisor if necessary.
The information and recommendations provided in this report are not intended to be used as the sole basis for making investment decisions. You should conduct your own research and analysis, and consult with a financial advisor before making any investment decisions.
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Additionally, I welcome any corrections or feedback on this analysis. Please feel free to share your thoughts and perspectives in the comments section.
I hope this helps, and best of luck with your technical analysis!
Cup and handle breakout in Powergrid!Powergrid is a portfolio stock with good dividend yield and strong fundamentals.
The stock has given a breakout of cup and handle pattern with neckline of 250. The retest of the same is completed as well.
Stock can give good returns with minimum target of 300. SL can be below 246 DCB.
Idea is shared for educational purposes and should not be considered as a recommnedation.
POWERGRID CORPPowergrid is looking good for an upmove , breakout of monthly inside bar candle, stock had formed a rounding bottom structure and has broken out of its major resistance zones of 232 levels , as long as its above this levels , there is a high chances of good upside in the stock , my SL will be 225 or a monthly candle closing below my resistance . Targets of 265/295
Powergrid Cup & Handle PatternPowergrid has formed cup & handle pattern on hourly chart.
Entry:
We can go long after close of strong bullish candle above the neckline.
Stoploss:
We can keep the stoploss below the neckline.
Target:
We can keep target near the next resistance zone as marked on chart.
Please like and follow.
Powergrid : PSU and Power sector tail windPOWERGRID CMP 227.15
May go up to 250+, below 210 is invalid
Breaking from Triangle pattern
expecting Good R:R
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