POWERGRID
POWERGRID | MULTI TIME FRAME ANALYSIS FOR POSITIONAL SETUPBUY ON CHANNELS downtrend line and sell on its top if it maintains to be above these levels by the end of the month = monthly breakout = u can hold it for a little more :)
Happy trading
POWERGRID - Good Buy for Short Term & Longterm Both Hello Everyone, I Don't usually share much chart analysis, as I'm still a newbie, But am a bit confident on this so sharing it with the community for your feedback.
CMP :- 211.15
Script Name :- Powergrid
Power Grid Corporation of India Limited, is an Indian government electricity board and a Maharatna Public Sector Undertaking owned by the Ministry of Power, Government of India which is headquartered in Gurugram, India, and engaged mainly in Transmission of Power.
Details are mentioned in the chart.
Please share your valuable feedback which will help me improve my analysis.
Powergrid weekly breakoutUnless 180 breaks the stock is in uptrend. Can target 300 - 350.
*****
Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation.
I believe in keeping the chart simple for easy interpretation.
Kindly express any disagreement & improvements so that we learn & earn together.
Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
AXIS BANK | POWERGRID | TRADE IDEA | 26/4/21All the reasons for the trade have been explained in the video.
----HAPPY TRADING
PowerGrid WeeklyPowerGrid looks good for entry on weekly chart for medium term investment. Breakout, Retest and continuation of up trend can be seen here.
powergrid may give breakout from trianglepowergrid may give breakout from triangle, taken support form 4hr time frame trendline already
Powergrid Longlooking bullish on daily n weekly chart for positional it can show 242/255/275 with SL of 210
Power Grid Corporation - Friday Trade | SwingStock has taken support multiple times at Trendline in the past. If breaks TL tomorrow then can consider targets of 213, 211 & 207 in coming sessions (Intraday and Swing)
However if bounces from support tomorrow and crosses 218.50 then can consider for long positions (Intraday only)
Powergrid - Go long as much as you can!I'm expecting a euphoric move in Powergrid,
This move is not stopping any time soon.
2 Possibilities in POWERGRID whole All current Structure is having 2 possibilities
.
.
.
Follow For More
DM for Enquires
PowerGrid | Decsending triangle Pattern | Initiate Buy After the impulsive wave 1 it has consolidated forming the descending triangle and Wave 2 will start soon.
Most of the technicians prefer to buy when it starts forming wave 2. The reason to initiate buy now is that this stock has good fundamentals with rising EPS and Debt is also less with Rising revenue. Moreover, I prefer to buy now as the Risk to reward ratio at this stage is also good.
