POWERGRID trade ideas
Power Grid Long...POWERGRID make RSI Reverse Divergence keep watch reverse candlestick then enter the trade
SL use for 2% Rule
POWERGRID NecklinePOWERGRID has been moving around the neck for an year. Currently testing the neck for another leg up or down.
Also a possible BAT PATTERN in the making
BTST IN POWERGRID AUG FUTBTST IN POWERGRID
AUGUST FUTURES
SHORTCOVERING AOND 200-DMA TESTING
BUY@197
STOP@193.5
TARGET@203
LOT:4000
QTY:1
Powergrid - targetting c200 in this move. 1 more wave up leftOne more wave pending. 4 of some degree done. 5th should see closer to 200
PowerGrid Up Trend Continuation- Monthly UP Trend continuation
- Weekly it is consolidation and looks like following wage pattern
- Looks like it is weekly Pin Bar
- I m expecting its continuation till the above trend line
at major support levels buy powergridpowergrid usually goes for a swing and consolidates for a while on monthly charts . currently the market is in major support levels which is the base of consolidation levels . . previously the market has been hovering around this range on daily charts . . one can find some support at these levels and see opportunities for buying at these levels, rsi also hitting 30 levels (oversold ) and returning back on daily
#POWERGRIDC> 208.20 and H > 210 with strength
will create the BO2 which is awaited
Gap Support from 200.90 - 202.20
Target 219 / 225 / 235
SL 196
Buy at Gapzone and 38.2 Fibo level 200 - 203
Wave (5) started on M charts
Revised View This script is dribbling but lots of Noise in the chart , Some time we have to take a changed look to have proper visual representation
It seems that the script can come down little more near 185 and then Turn around is Possible
Lets see how it moves
