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POWERGRID

POWERGRID - Policy tail windAfter overtaking 2020 price level in very 1st week of new year making 52W High in 1st week of the year. Today, 03Feb, it made another daily close above previous 52W H It made 3 weeks long reverse-trigger while recovering entire 3 weeks down-move in just 3 days 1-2-3-Feb. Today's print of 6% comes with volume which is highest compared to any day during previous 10 months. There's sharp rise in Relative strength, Trending indicator , Positive movement value just setting tone, as if it is a start of rally. There is a fundamental side event on 11-Feb by quarterly results. There is a macro side push for the stock with thrust on electrical infrastructure modernization. All new initiative will require Smart Grid solution which is near monopoly of the company. Large investment is expected for Smart Grid Applications in distribution in 12th and 13th Plan, which will provide huge business prospects in coming years. Technically and beyond technical, Stock may get ripe to move to ATH .
NSE:POWERGRIDLong
by kartikbhai
2
Tatapower | Descending Triangle Break | Volume surge 🎯⭕ Investment Trading opportunity ! Monthly Chart Alert !!! ⭕ --Buy Above =78.35 or CMP --Target = 96.60 | 116.80 --Stop-loss = 65.70 --Lot Size = 13,500 --R:R = 3.04 --Expected Profit = 5 lakh + ₹ per lot ( 49% ) --Expected Holding = around 1 year only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade or Strategy applied :- ⭕ 1) tatapower is the 2nd leading company after powergrid & has given a breakout with volume 2) Descending Triangle Breakout ,50 ema breakout , resistance breakout , Long term trendline breakout 3) fundamental is too good , checked everything correctly 4) Do your research as well & support & resistance is mentioned on the chart Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:TATAPOWERLong
by ReviveTraders
11
POWERGRID - GOOD SWING MOVE EXPECTED FOR THE COMING DAYSA RANGE BOUND MOVE followed by INVERSE HEAD AND SHOULDERS is a clear cut indication of consolidation followed by a BULLISH breakout. A BIG BREAKOUT ........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me to Learn and Earn with me. Happy Trading!!
NSE:POWERGRIDLong
by FAHEEMSAM
POWERGRID - RANGEBOUND MOVEMENTA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me to Learn and Earn with me. Happy Trading!!
NSE:POWERGRID
by FAHEEMSAM