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Powergridtrend

Will Powergrid showing sign of exiting it??Power Grid has been trading in a range for a while and it is showing sign of some weakness. Major Trend - Down Trend As there is a BoS of the previous market cycle. Minor Trend - Sideway to range bound. The market tends to retest the swing low in the coming month. Stock has taken a strong resistance from 20 & 50 EMAs. Weekly close is below 100 EMA. If the stock follow through the downside movement, entry for a sell trade is there with a 1:2 R:R ratio. Entry :- 270 Stop Loss :- 279 Target :- 259 Last week the index too has supported the fall. If the index remains negative, full quantities can be punched around 270, in case of a retest half quantities can be sold around the retest and the price action near resistance levels while remaining quantity to be entered once the price action is in our favor.
NSE:POWERGRIDShort
by TheMamboMomentum
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 ✅
NSE:POWERGRIDLong
by sunandan29
1
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.
NSE:POWERGRIDLong
by ShelendrAgrawal
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
NSE:POWERGRIDShort
by PrakWorld_Traders
POWERGRID is at a crucial point NOWNSE:POWERGRID POWERGRID is in its support region and there is a resistance from above also. So, if it break out the above pink line with heavy green candle than it may go UP if it breaks the below support region than it may go down. If you look properly, this same pattern is repeated multiple times in Powergrid. This is just my analysis DISCLAIMER : This is just my analysis for education purpose , I am not responsible for your profit or loss . Take the trade on the basis of your analysis. NOTE: I am publishing my first idea, please give me the feedback and suggestions
NSE:POWERGRID
by mehtaji