POWERGRID trade ideas
buy above given levelRSI is positive
MACD about to cross
breakout from 2017 levels sustained for last few weeks
Power Grid In Strong Up TrendBuy on Dips... Don't Think of Shorting this In this strong Bullish Momentum
swing trade idea for buy POWERGRIDbuying idea for POWERGRID
bounce back from suport level 228
running above 50 and 200 day moving average
Power Grid Corporation Long EntryBuy at 237 target 260 +
Sl below 220 Close
Time frame 1 or 2 weeks.
POWERGRID cup & ascending pattern B.OPOWERGRID cup & ascending pattern B.O.... This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Power Grid - LongPower Grid - Long
* Inside Bar Candle Formation
* Triangle formation
* More chances are there for moving upwards
* But still can take support at Rs.223.65 if it breaks the triangle.
* Set stop loss.
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Power Grid Corp. is very close to its resistance.Power Grid Corp. is one of the biggest company of energy sector.
It is in a trend channel from the last year, having resistance at 234 is likily to hit but it doen't seems like it will take a support on it.
keeping the large timing of the trend channel in mind it will soon cross its near resistance.
[Buddha] Powergrid Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
I will skip the sell side.
Power grid is forming Bullish Bat Pattern on daily chart.This is my analysis and I am a beginner in this I can be 100% wrong. So do your own due diligence and don't invest blindly.
Powergrid price gong to touch support , Low probability stockI will buy Power grid because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 227/224
Target : 251
Stop loss : 221
