Power Grid Corporation Long EntryBuy at 237 target 260 +
Sl below 220 Close
Time frame 1 or 2 weeks.
POWERGRID
Power Grid - LongPower Grid - Long
* Inside Bar Candle Formation
* Triangle formation
* More chances are there for moving upwards
* But still can take support at Rs.223.65 if it breaks the triangle.
* Set stop loss.
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Power Grid Corp. is very close to its resistance.Power Grid Corp. is one of the biggest company of energy sector.
It is in a trend channel from the last year, having resistance at 234 is likily to hit but it doen't seems like it will take a support on it.
keeping the large timing of the trend channel in mind it will soon cross its near resistance.
Powergrid price gong to touch support , Low probability stockI will buy Power grid because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 227/224
Target : 251
Stop loss : 221
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Narrow range
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Take trade as per the values given in Fibonacci. always trail the stop loss. Do your own analysis before taking trade
Power Grid - extreme bearishnessPowergrid Corp seems so bearishness with very less buyers, so give an entry with an appropriate Stop loss on the downside
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
POWER GRID CORPHi Everyone its a Trend Line chart pattern and a it is in uptrend form or bullish pattern with technical indicator "RSI"
WAIT TILL it touch blue line .
Then buy it and have good trade
power gridpower grid: 75 min chart: inhs pattern is in formation stage 238-240 strong resistance closing above 240 means its ready for 270/300 rs tgt. short term Pick
Power grid Heading for a breakout?The stock has tested the Resistance region for quite a significant time.
With clear spikes in buying volumes.
On RSI, Stock has also recovered after testing the 50 line.
Promoter holding has increased by almost 10% in the last quarter.
Stock is trading a PE of 8.21 which quite similar to historical PE. But it significantly lower than the industry PE of 23.8.
A breakout above resistance supported by volumes can be a good sign to make a long position.
Power grid Heading for a breakout!!After spending considerable time in the range of 200-240. The stock has given bullish signals on both indicators for the breakout.
The sustained price movement above 240 can be considered as a breakout.
A significant bullish move can be seen till 285-290.
TATA STEEL TO STEAL THE SHOW 🔩🔩Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Power Grid - CMP: 233The stock is moving in a rising wedge. It has taken trendline support on a smaller time frame. If the price not sustaining above 235 , we expect lower price movement up to 220 to 217.
Powergrid CPowergrid is currently on its trendline there is strong possibility that it will bounce back my targets r given above hope u guys like it
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Power Grid Corp is in UptrendPower Grid can make an all time high in coming few weeks, watch this stock.
PowerGrid Weekly - BreakoutPowergrid Treneline breakout in the weekly timeframe. Entry upon retest in 230-240 range. Stoploss below the TL on DCB.
Power Grid Corporation from 13 June 2021A good Weekly Breakout with increasing volume.
MFI breakout
My RSI close --> positive
Stoc RSi --> showing good momentum
INVERTED HEAD AND SHOULDER ON POWERGRIDAn inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
