POWERGRIDIm not an expert im just sharing my views on POWER GRID for tomorrow
Im not responsible for any profit or loss this is not a recommendation
POWERGRID trade ideas
POWERGRIDIm not an expert im just sharing my views on POWERGRID for tomorrow
Im not responsible for any profit or loss this is not a recommendation
Power Boosters For PowerGRID _ LONGIt may touch 190 and may even break out ..
Sentiment & Factors :
1.Upcoming Earning Results
2.US election results
3. COVID vaccine news
4. Increased Industrial Production
Indicators:
Taking RSI , Bollinger Bands and PitchFork indicators into account, Still have enough room for expansion
SYMMETRIC TRIANGLE FORMATION IN UPTREND POSITIONAL BUY @ 178🎢 , WITH SL 173 - BASED ON SYMMETRIC TRIANGLE FORMATION
disclaimer - do your own study before investing.
[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.
Power Grid : IntradayBuy around 176~177
With SL below 174
For targets of 180, 184
One can plan the trade based on own style and RRR comfort
[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.
APF Indicators- LONGUsing pitchfork indicator:
Crossing 172 indicates significant trend reversal expect it to reach 178 then 182 -185 .....
Further Supporting Factors are current price , strength of stock , market sentiment , Sector , Previous length of down wave
Caution : This is just educational purpose only , All trading strategies are used at your own risk .
Power Grid - upside potential Levels mentioned on chart,
pls consult your consultant before taking any position, avoid derivatives. Buy in cash with a medium term review.
Powergrid parallel channel BreakoutDISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis.
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Long on dips towards 168-166 SL 162 Positional target 180
Long term target 220 SL 154
Up Trend - Take LongSeems Powergrid is significant uptrend now after few retracements . It may break 168 following 172 .
Caution : Trade at your own risk .
POWER GRID breached the upper trendline. Is bullish?Power Grid was in down trend and has given a breakout above channel. Seems positive. Stop Loss / Support line to be considered
POWERGRID Last 45 min buyingChannel breakout reversal signs in higher time frame 1D chart
Last 45 min buying stock will open gap up
i can see short covering in Futures
POWERGRID is at a crucial point NOWNSE:POWERGRID
POWERGRID is in its support region and there is a resistance from above also. So, if it break out the above pink line with heavy green candle than it may go UP
if it breaks the below support region than it may go down.
If you look properly, this same pattern is repeated multiple times in Powergrid.
This is just my analysis
DISCLAIMER : This is just my analysis for education purpose , I am not responsible for your profit or loss . Take the trade on the basis of your analysis.
NOTE: I am publishing my first idea, please give me the feedback and suggestions
