3 Support based and 3 Breakout trade ideas for Coming week I daily make educational content videos for swing / positional trading videos
POWERGRID
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.
Power grid is in complex correction for so long timeFor so long time we are seeing a complex wave. May be the impulse take place once the complex wave formation is completed.
Bearish Alt Shark In PowergridBearish Alt Shark In Powergrid
Sell PRZ - 251.9/253
SL - 257.1
Target - 244/240
SWING IDEA POWERGRIDoverall trend is up so my view is bullish, entry exit price will be: buy above 235.30 tgt 248.75 sl 229.90
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
POWER GRID SELL CALLOnce again BO has failed, If stock BD the TL Support as well as 50 EMA then we can see the levels of 220-210 coming soon in the stock. Keep the stock on your watchlist. This is for your educational purpose only.
POWERGRID ON THE VERGE OF ATH BREAKOUTPowergrid weekly chart MIGHT breakout at all time high, Stop loss at 230, Fibonacci targets are 265, 285, 315 OR trail using bollinger bands. Add more if price breaks out and retests 240 level. Safe players can make positions once it retests.
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.
Power Grid : Continuation pattern (weekly chart)#powergrid : Beautiful Triangle pattern in Weekly chart which is actually a continuation pattern,
>> Breakout + Retest done
>>Good Strength in stock
>> Fibonacci trgts mentioned on charts
Keep learning, Keep Growing
POWERGRID stock analysis - sidewaysPower Grid Stock Analsysis report
Stock has come to rangebound now between 186 and 238.
Stock can be swing traded based on signals at top or bottom. any break out or break down can be used for long or short calls at above levels.
Powergrid Traingular breakout confirmationPowergrid triangular breakout confirmation. Can easiy touch 236,240,245,255 in coming weeks.
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
Disclaimer - All information on this page is for
educationaland learning purpose only. We are not SEBI registered financial advisor.
Please think twice before investing your money and do proper research before investing in Share
market.
#powergrid
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POWERGRIDTravelling in symmetrical triangle, watchout for breakout or breakdown or else can short on resistance after bearish setup as per price action and can aim for support or vice versa.
Breakout In PowergridStock gives breakout on a daily timeframe .
CMP : 218
Target : 225
Stoploss : 214
This is not a buy or sell call, this analysis is shared for educational purpose.
Powergrid RSI Bearish Divergence at Resistance ZonePowergrid is near the resistance zone, the price is making higher high while the RSI is flat this is clear sign of RSI Bearish Divergence.
Entry
We can go short when price make strong bearish candle near the resistance zone.
Stoploss
Stoploss above the resistance zone.
Target
Target will be the next nearest support zone.
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POWER GRID - DAY CHART - 16.01.2023 - BAHAVAN CAPITALPOWER GRID as per day chart analysis
Stock ABOVE 216 TARGET 218
Happy Profitable Trading to All...
classic charts for studybeautiful technical formation called round formation which is bullish
stock looks good although as its belong to power dont see humoungous rally due to the sector issues
Powergrid: Will it power its way to 231 / 238Powergrid
The stock seems to have sustained above its crucial resistance level at 218
Now it has a clear path towards 231 / 238
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Muhurat Trading picks - 2022What's your Diwali picks ?🤔 comment down below.
1. TATAMOTORS
C.M.P - 398.2
TARGET - 447
Potential Upside % +12.26 %
2. M_M
C.M.P - 1257
TARGET - 1425
Potential Upside % +13.37 %
3. FEDERALBNK
C.M.P - 132.85
TARGET - 150
Potential Upside % +12.91 %
4. SBIN
C.M.P - 561.65
TARGET - 640
Potential Upside % +13.95 %
5. BDL
C.M.P - 954.85
TARGET - 1078
Potential Upside % +12.90 %
6. PARAS
C.M.P - 643.45
TARGET - 740
Potential Upside % +15.01 %
7. ONGC
C.M.P - 131.45
TARGET - 148
Potential Upside % +12.59 %
8. POWERGRID
C.M.P - 216.6
TARGET - 248
Potential Upside % +14.50 %
9. RECLTD
C.M.P - 93.55
TARGET - 105
Potential Upside % +12.24 %
10. BAJAJFINSV
C.M.P - 1681.95
TARGET - 1932
Potential Upside % +14.87 %
11. ITC
C.M.P - 344.85
TARGET - 389
Potential Upside % +12.80 %
12. VBL
C.M.P - 1011.25
TARGET - 1145
Potential Upside % +13.23 %
13. LEMONTREE
C.M.P - 84
TARGET - 96
Potential Upside % +14.29 %
14. INDHOTEL
C.M.P - 313.55
TARGET - 360
Potential Upside % +14.81 %
15. KPITTECH
C.M.P - 711.8
TARGET - 801
Potential Upside % +12.53 %
16. HCLTECH
C.M.P - 1025
TARGET - 1175
Potential Upside % +14.63 %
17. VEDL
C.M.P - 279.95
TARGET - 323
Potential Upside % +15.38 %
18. HINDALCO
C.M.P - 392.1
TARGET - 433
Potential Upside % +10.43 %
19. LAURUSLABS
C.M.P - 477
TARGET - 540
Potential Upside % +13.21 %
20. SUNPHARMA
C.M.P - 978.95
TARGET - 1144
Potential Upside % +16.86 %
21. IOC
C.M.P - 67.5
TARGET - 77
Potential Upside % +14.07 %
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy Diwali 🪔🎉✨
Happy learning with trading. Cheers!🥂
#POWERGRIDCompression followed by a burst down side
Later ICMC and Shunting makes a comeback quickly
Typical behavior of stocks!
