POWERGRID trade ideas
long trade in PGPG is showing support at its OXYP bottom level around 188-189 odd levels. bottom was confirmed on mondays trade. its showing good buying interest at 189-190 levels. hence a good long trade can be initiated with a 187.70 level as SL. RR is good enough to go long. sudden spike can give 2 odd percent up and above.
Intraday Long 25th janPowergrid by hitting 189.90-189.60 levels it has formed a OXYP formation from 207 levels on 14th jan. its at the lower level of OXYP. the risk reward is good. going long at 189.60-190 levels with 188.30 as stop loss.. expect a good 2% long from here.
POWERGRID CORPORATIONDisclaimer: This chart is only for Educational purposes, Please do your analysis or consult your Financial Advisor before investing any money in markets
Power Grid forms a Flag pattern on the daily chart and is sitting on the Longterm Support level from 2019, and there was huge price rejection from the bottom whenever the price falls below the Support level So in the coming days can move towards the 200-205 levels
INTRADAY TRADE SETUP- POWERGRID#Intraday11/01/21
Buy POWERGRID on rising above Rs . 204 for the Targets of Rs . 208 and 210...
Stoploss Rs . 202..
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Thank you,
Vishwajeet Sharma
POWERGRID - Ascending channel formation at monthly TFPOWERGRID - Ascending channel formation at monthly time frame
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Powergrid Intraday , Breakout Trade.All Logic Explained on chart.
Expecting a good intraday move.
Looks good for positional on weekly and monthly charts too.
Will post after weekly close.
Powergrid swing trade setup Powergrid swing trade setup
Powergrid is at good value zone to buy now for a target of 5% in next couple of days
Power Grid losing it's powerpower grid is looking weak below 189
1:a short entry can be made below 188.5 for positional targets of 185-184 and 175-174 sl:-191.5
2:Risk Reward Ratio:-1.75
3:do share your thoughts in comment section
4:these are our personal views please take up the trade with a space and acceptance that it may go wrong
also please consult your financial advisor as i am not a SEBI certified advisor
5:i repeat consult your advisor before taking up a trade we are not responsible
Let's HOPE things go on our side
Thanks for reading have a good day
Buy PowergridBuy Powergrid above 198 Stoploss 188 Target 215
Study: Stock is consolidating from 20th November in between 189 to 197 zone...breakout above 198 can give 10% move for the upside
POWERGRIDGave Breakout with good volume.
Volatility Contraction at this time.
Can give good upmove if it break this contraction area with volume.
Use for Education Purpose.
Trade according to your analysis.
Note:- This is my Personal view. Contact your Financial advisor before taking any Investment decision.
