POWERGRID trade ideas
Powergrid at resistance level.As mentioned in the chart POWERGRID is trading near the resistance level. Watch out if brks above or comes down we will have good intraday trading opportunities on both sides.
POWERGRIDSustaining above 90DEMA.
1.Pole and Flag breakout interesting ahead.
2.Ascending Triangle breakout ahead.
3. Interesting to see upthrust volume ahead.
Does one wide range bar mark the beginning of a trendContinuation of my previous idea Friction: When market is not offering trading opportunities, marked in link to related ideas
Target is ceiling of CUBE.
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 perfomance is not gaurantee of future gains.
[Turtle] Powergrid Short StraddleBased on Results.
175PE 175CE. The BEP will be more than 10 points covering entire range.
Powergrid - Positional IdeasThe stock is on consolidation mode.
A big move before earnings is pending; may happen tomorrow or on Monday.
Range is indicated on chart
Go Long above 176.8
Short below 175.4
Power Grid LongGood risk reward ratio is available at present level.
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, options or futures and sandeepkumarmeena is not 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.
This is one person’s experience, your experience may differ.
Power Grid stock in uptrend & at BO levelWe can see Power Grid stock in uptrend & successfully BO the level of 173 & trading above the 50 EMA Level. Now since last 3 days stock is trading in a range. Now next big move we can see after the BO level of 183 as marked in the charts. Also we can see the minor pull back. Also on weekly chart a bearish engulfing candle has been seen. So let's wait for the complete BO before taking long entry. Target level is 190 & above 190 we can see the 200 levels in the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask
[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.
