Buy On Tuesday Market Open Any Price less than or Equivalent 188.80/-
NSE:POWERGRID 15% Contribute India Power Supply
Govt owned Company
Sales Growth (18.70%)
Profit Margin : 28.38%
Profit Growth : 18%
EPS : 18.4%
PE BAND : MINIMUM: 10.56 MAX : 14.77
Auditor : SK Mittal
MD : I S Jha
"Investment Idea "
Long white day candle was formed where the price is up by crossing the previous 3 days of the candle.
Control Price (ii) which is spot nifty target (11540) and resistance nearby it. Notice, many times "control price (ii)" shown its strength.
The possibility of Profit booking can be 11525-11580.
Buying on shakeouts, When the stock goes down on low volume it means weaker buyers exiting, Watch the stock and notice how quickly turns around comes right back up. In this case it took credit access exactly one minute to move from 576( days low ) to 590.
This means when the retailer/weaker buyers had moved out, institutes added more.
I bought more on when it...
NIFTY OVERALL SENTIMENTS LOOKS BEARISH !!
A SMALL PULLBACK MAY BE EXPECTED BUT VERY LITTLE CHANCE
10800 LEVEL IF BREAKS & SUSTAINED BELOW THAT THEN 10755/10700 CAN BE SEEN
BULLISH ONLY ABOVE 11055 LEVELS