Power grid trendline breakout 1 hr trendline breakout with good volume
trendline break out from weekly buying zone
stop loss - 206
POWERGRID trade ideas
POWERGRID - 6th July 2022Stock bouncing from Support Levels - 204-295.
As long as these levels hold, bulls can dominate in pushing prices higher
Head & Shoulder Pattern on Power GridPower Grid was in Uptrend and It has shown good consolidation in recent days.
Now there is an Head & Shoulder formed in Daily Time fram so expecting some fall once right shoulder borken.
POWERGRIDPOWERGRID TURNING TO SELL ON WEEKLY TIME FRAME !! 206 passing would trigger good trade patience needed
trend line supportpowergrid have trendline support
consolidating above trend line
buying side from here if sustain below trend line then sell side
resistance 235 after trend line breakdown 190 downside support
Ready to make new life time high?This stock has multiple supports from trendlines and it gave a breakout of recent resistance trendline.
I'm expecting that the bullish trend will continue in this stock.
Safe traders can book partial profit around 250
Stop loss - 220
Note : I'm not a SEBI registered analyst. The information provided is not a trading advise. Just for educational purposes.
Do your due diligence, before entering the trade.
POWER GRID FOLLOWING A TRENDLINEIt is a good opportunity to trade in powergrid because it follow a trend line it touched the line many time and gives a good return
Powergrid LongEverything is in chart
Buy above 230.50
stoploss 216.45
Target 256.80
Risk:Reward= 1:2
This is just for educational purpose. Please do your own analysis.
Short Opportunity on Power Grid Hns PatternNSE:POWERGRID
Power Grid Scrip has formed a Head and shoulders pattern.
Can go short after proper break out.
#POWERGRID - H&S in 75m DTF - Up Trend Line Break Down, Side Ways Movement
75M- Clear H&S Pattern, Break Down of ST with above average volume enter Short
SL ABOVE SWING HIGH AND TP as mentioned
R:R of 1.3 is GOOD.
If stock Breaks Out of RT then we will ignore.
Powergridhead and shoulder pattern formed after an uptrend on daily basis. if breakdown happens on Neckline then price will fall to lower ...good stuff to observe for learners
WATCHOUT FOR HEAD AND SHOULDER BREAK DOWNPOWERGRID has formed a HEAD & SHOULDER PATTERN in the daily timeframe.
the stock is yet to give breakdown of demand zone.
Entry can be taken after the stock closes below the price level of 221 - 220 in daily timeframe. we can expect 6 - 7% returns in this stock.
>>>>>>>>>>>>>>>>> PLEASE FOLLOW RISK MANAGEMENT <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
H & S Pattern under FormationPowergrid is forming Head and Shoulder pattern which is seen on the daily chart.
All the details, target levels are marked.
Disclaimer: This is only for educational purposes only. Trade at your own risk.
Power Grid Corp, BearishPower Grid Corp looks bearish, expected to retrace upto Fib 38.2% level
i.e. between 185-170 level. May even touch 168-165 before resuming uptrend.
Power Grid Chart Analysis !!📈 Power Grid 📉
This Stock Broke out from a Resistance zone of 216-218 after testing three times this range on upside with a strong green candle.
Bias - Long
Target - 250
SL - 1394
RR- 1 : 1
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
POWERGRID - NIFTY50 STOCK#POWERGRID
#Daily Chart
#UPFlag BO Retest Done
#Buy 240-241
#Target 260 & 275
#Stoploss 235 DCB
#POWERGRIDShunted till 232.70
Retest Level 235
IZ Support 232.05 - 232.30
Shunted till 240.30
W/M (HTF In Momentum)
Breakout trade in PowergridPowergrid has broken out of its Ath yesterday and today given a second closing above the same!
the stock can now reach further highs as the power crisis in India doesn’t look like ending soon due to the heat Wave in the northern states of the country!
PowerGrid -10th May 2022Stock in Uptrend. Breakout Confirmation Required in next few Days.
Can become Choppy below 235 Level.
If Prices Sustain above 220, higher levels are expected over Medium Term.
POWERGRID Resistance BONSE:POWERGRID
#NSE:POWERGRID has pickup good volumes and BO the resistance level in this bearish market too.
Positional Can be added @ CMP and SL 237.
Delivered good levels in this bearish market and bagged decent profits,
check our results in the signature column.
#UPL 17K
#FEDERALBNK 15.5K
#IRCTC 2k
#GODREJPROP 4.5k
#HCLTECH 7.5K
Happy LEarning.
