We can see volatility getting contracted as corrections are getting smaller and smaller There was a high volume rejection from super trend but that candle is been negated now Super trend turning positive Relative Strength is positive RSI breaking trendline and crossing 60 can be traded with 274.4 SL
Have bought powergrid fut at 291. Good breakout, good volume. For hedge, I also bought 300 may PE. Let's see how it goes for me. This is not buy / sell reco and neither i recommend other to buy on my analysis.
daily st buy hai nale stop loss pave 4 hour te karlo ya daily swing previous higher low NSE:POWERGRID
Reason for long a) Sectorial support b) Nifty possibility of support for long c) Most stocks are in decline mode, Hence SL compulsory d) any 15 min candle breakout above 300 may trigger for long e) QQE support f) Super vwap support g) Top 10 gainer stock H) Open=low candidate for long I) SL compulsory It a good idea to participate in already formed set up,...
Power Grid: The stock was initially suggested at 210 levels itself. The stock after a brief consolidation has formed Cup& Saucer pattern in hourly chart. As per the pattern if it holds at 280 levels likely to test 290-300 band(For educational purpose only)
Powergrid can move towards 286. 272 is a support for this swing.
POWER GRID CAN GIVE A POSSIBLE UPMOVE with a decent stoploss and good targets entry- 262.5 stoploss - 259 targets - 268, 272, 278++ NOTE- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please like or boost my idea if you like it or...
Stock is taking support... how it will behave going forward....
Entry 295 Exit 320 Stoploss 285 Trade with stoploss
Any Weekly Close Above 259 SL - 236 ( Weekly Closing Basis ) Target - 1:2
Powergrid breaking f&p pattern huge volume building up EDUCATIONAL IDEA
#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 Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer...
Short Term Trading Advice by Goodluck Capital Buy Power Grid Corporation of India (NSE:POWERGRID) Buy Range- 280 - 286 Target- 305 - 310 StopLoss- below 265 Potential Return- 8-10% Approx trade duration 14 - 16 days
Power Grid - Price is reaching ATH. After ex dividend price broke out the range. It should easily give 10% up move from here. Power sector is on raise. Dividend stock. Should keep as investment or exit at the range below if you do not want to hold on to this.
A Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:POWERGRID MACD already gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue. One can create a fresh position in the scrip as per the levels mentioned on the chart. Risk Disclaimer: The information provided in this analysis...
acoording to my analysis the target for powergrid medium to longterm target is 304.
Many times it is not easy to spot the pattern in candle stick. So comes handy to view charts in line format. Also to have a satellite it is better to also keep track of monthly chart. We can see there is clear triangle breakout in this line chart. One can even consider it as a Pennant at this scale.
Entry 248 Exit 254 Stoploss 245 Trade with stoploss