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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POWERGRID
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.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy Diwali 🪔🎉✨
Happy learning with trading. Cheers!🥂
POWERGRID swing entry for longSame as torrent power power grid too indicates rsi in oversold area just look at the chart with vertical blue dotted line on 20 Jul 18, 15 may19, 18mar/24sep 20, 20jun/26sep22. Especially 26sep22 candle formation shows exit of sellers here, can go long here with good risk reward , however upside 238 is a strong supply zone once broken can see level around 270(nearby channel's high).
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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Made By MAYANKTECHRESEARCHING
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.






















