POWERGRID trade ideas
POWERGRID - GOOD SWING MOVE EXPECTED FOR THE COMING DAYSA RANGE BOUND MOVE followed by INVERSE HEAD AND SHOULDERS is a clear cut indication of consolidation followed by a BULLISH breakout. A BIG BREAKOUT ...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Buy Above 200Long time resistance along with Camrila pivot R3 at 200. Can shoot up if breaches 200 level.
Target -206, 216 etc
POWERGRIDIt is consolidating near breakout point in very narrow range. Above 200 it may go very fast. Sl can be kept near 192 level
POWERGRID - RANGEBOUND MOVEMENTA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
add this to your watchlistIf you are willing to take on this , please go only with minimum quantity . and rely on the weekly tf itself as day timeframe might not give you a clear view.
Powergrid trendPowergrid is currently travelling in a range and if it breakout or breakdown from that range then it can be good scrip for swing trading.
Powergrid - Crazy trade - 6 months of resistanceThat was a crazy trade for the day. Price tries to break six months of resistance but unable to hold the momentum and falls back below the resistance levels at the end.
Gap down open was another reason for the bulls to fail, actually bulls are exhausted after reaching the resistance levels were bears took total control. Good example for Fake out.
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Power GridRange bond trade.
178 on lower side and 207on upper side.
Sell 190 CE at 8.5 and 195 PE at 8.3.
Safe till 178 t0 207.
Profit 48K.
Remember this trade is for at least 2week.
Margin requirement will be 2.04Lack
Njoy
POWER GRID Giving breakout try for 202 and if further sustain 215. Cautious stance as nifty is facing resistance on 13100/200 try on friday morning for furtherr gain if and only if sustain above breakout
V for VendettaAfter taking the stop loss by few pips, Powergrid went long in last Ideas " Who moved my CUBE?" 158 to 190. now again stock has given another low risk high reward opportunity. This is a V type of Setup. To understand this setup tutorial on V type of trade was posted and is available in published idea section.
Though market is looking very bullish but still going by the system, V type trade opportunity cannot be avoided, hence from market's perspective keeping the idea title as "V for Vendetta". Stop loss will be few pips above last high 191.00 (i.e. 193-189=4 points stop loss). This zone is supply zone also hence going by the general wisdom of market geometry mentioned below the 1st Target can be median line of pitchfork.
"Don’t try and sell the TOP, Wait for a reaction and if it is not a strong reaction (if it does not take the high) then sell the reaction high.
"This is my trading journal, not a trade recommendation. I will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benefit from my experience.
DISCLAIMER:
Trading in the stocks market or futures markets is one of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains.
PowerGrid Resistance BreakoutPowergrid attempting 52 Week high... Buy above 191 for target of 200 and 210 by keeping stop loss of 180
