POWERGRID trade ideas
POWERGRID || SHORTSL 197 as per your risk management
Sell below 195
Targets 191, 188, 184, 180, 178, 176, 174
Power Grid_LongBuy Call - Date: 25 July 2019:
Flag Pattern breakout today on Daily and can also observed on Weekly chart with strong buying volumes in the last 3 days and last 9 weeks (weekly chart).
Target- T1: 220, T2: 230, T3: 240;
SL: 200.
Risk to Reward Ratio = 1:2
Powergrid ChartSell below 210.55
Targets are 209.65,208.55,208,206.45,204.2,202.8,202.6
SL-212.35
It may fall till channel downside i.e PRZ (208.35-205.85) and it increases so buy above 205.85
Targets are 206,207.2,207.65,208.9,209.4,209.85,210.55,212.5,214.4,216.25
SL-211.95
PowerCutRally Losing Steam-Short with tgt of 203 on very short term/intraday basis.Hold if remains and closes below 206.The next tgts will be 195.5 & 182
Place a STOPLOSS @ 217.4 on close.
PowerGrid - Short PositionPowerGrid - Short Position
Entered into Weekly Resistance, can expect a Reversal.
Target Predicted using Fibonacci Retracement .
Targets and Reversal Points can be seen on Chart.
Any Suggestions will be appreciated.
powergrid short term investmentstop loss 197
right price to buy
good pullback is done ,go for it.
1st target 226
2nd target 234
3rd target 248
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
POWERGRID BULLISH FOR A SHORT TIME IT HAS A CHANCE TO GO UPTO RS215 WHICH IS R1 LINE.AFTER DAT BKOZ OF OVER BOUGHT IT HAS A CHANCE TO COME DOWN.
DD - Doji with DivergenceAs shown on charts RSI divergence and we have a doji formation on top. The trading range is getting narrower.
It has formed a top or closed to forming a top. Time to add to watch list and trade with confirmation.
POWERGRID (Power Grid Corporation of India Limited)BUY ABOVE 212POWERGRID (Power Grid Corporation of India Limited) BUY ABOVE 212
Power Grid - 60 Mins Chart - Symmetric TrianglePower Grid formed Symmetric Triangle pattern.. This is formed in uptrend. As per the rule this will break out and move upward.
Buy Entry - 208.8
Stop Loss - 205.75
Target - 217.00
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Power grid ascending triangle Power grid ascending triangle
Trade on breakout
Close above 211-- then 215,223 on card
Close below 204-- then 200,194
Short Sell in Futures One can look for short selling in Future Contract for Long term Positional
this has completed its 4th wave and its on the way towards 5th impulse leg down
well its not always perfect in real time market there is always a deviation in the theory
One can look for strong reversal on daily and look to book near the target
PowerGrid - Resistance At Channel.Since 2019 Moving In Upward Channel.
Twice taken resistance at 127.2% fibonacci & fallen till 78.6% fibonacci.
Again taken resistance near 127.2% fibonacci.
Risk Reward Favourable.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
POWER GRID Moving up to a Target of 215, 220Analysed with Fib. Extension & a upper resistance
Target #1 - 215
Target #2 - 220
