POWERGRID
POWER MODE STARTPower Grid is looking good on weekly chart by observing some factors in it likewise it breaks a falling trendline resistance strongly and gives a strong close above on it with nice gaining buying volumes and created a positive crossover divergence on MACD indictor so all things together giving a sign of coming more bullishness in it and we could see good up moves in it from here.
CAUSE OF LONG-:
1- Falling trendline breakout.
2- Volume breakout.
3- Macd indicator breakout.
CHANNEL BREAKOUT IN POWERGRIDHello traders , here is the analysis for this stock let me know in the comment section below if you have any questions , the entry will be taken only if high of today is taken out . I suggest you keep this stock on your watchlist and see if the rules of your strategy are satisfied.. According to me, an up move can be expected in POWERGRID . Moreover it has consolidated near the channel high many days before breakout.
Keep trading ❤️
Hustle hard ✅
POWERGRIDNSE:POWERGRID
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Power Grid Corporation of India Ltd (PGRD) @breakoutlevelPower Grid Corporation of India Ltd (PGRD) @breakoutlevel
Power Grid Corporation of India Ltd (PGRD) strong breakout with high volume and momemtum created in day chart.
so strong upside. BUY above 228.35 . NEXT TARGET 233, 237,242, 248 Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you
Powergrid Long opportunityNSE:POWERGRID
Stock -> Powergrid
TimeFrame -> Weekly
Hello all!
Powergrid has been moving in a channel since November 2020. It's now back on its lower channel trendline and has shown a good bounceback, making it a good opportunity to go long!
There are multiple confluences that strengthen my conviction:
-Support from both 50-week EMA and 50-daily EMA.
-Support from 200-day EMA
-Stock trading above its support zone
*NOT A CALL*
Powergrid see the hidden detailNSE: POWERGRID
If Breaks Then The Targets could be Taken at 160.85
Time Frame :- 1 Day
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Power Grid Chart Analysis !!📈 Power Grid 📉
This Stock Broke out from a Resistance zone of 216-218 after testing three times this range on upside with a strong green candle.
Bias - Long
Target - 250
SL - 1394
RR- 1 : 1
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
POWERGRID Resistance BONSE:POWERGRID
#NSE:POWERGRID has pickup good volumes and BO the resistance level in this bearish market too.
Positional Can be added @ CMP and SL 237.
Delivered good levels in this bearish market and bagged decent profits,
check our results in the signature column.
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