Powergrididea
POWERGRID : VCP Breakout#POWERGRID #vcpbreakout #VCPpattern #breakout #swingtrade #momentumtrade
Power Grid : Swing Trade
>> VCP Breakout
>> Trending Stock
>> Good Strength & Volume
>> Low Risk & High Reward
Swing Trader can lock profit at 10% and keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
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
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 - Likely breakout, small targetChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any 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 Boosters For PowerGRID _ LONGIt may touch 190 and may even break out ..
Sentiment & Factors :
1.Upcoming Earning Results
2.US election results
3. COVID vaccine news
4. Increased Industrial Production
Indicators:
Taking RSI , Bollinger Bands and PitchFork indicators into account, Still have enough room for expansion