POWERGRID trade ideas
Power Grid: On the verge of flag & pole BOPower Grid is forming Flag & pole. BO above trendline can give good return. Keep on radar.
Power Grid Buy FuturesLong opportunity in Power Grid Based on trend line break out
Buy 212.85 , SL 210 and Target - 220
[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.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Intraday setup power grid on march 9thSee the chart and prepare your own trade
Always keep risk reward more than 1:2
Maximum 2 trades in a day
Don’t take revenge trades
POWERGRID LOOKS STRONG BUY 221-222 SL 218 TARGET 229-DKM SIR
I Can see the upmove from here
buy and hold as per your risk
[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.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Power Grid Ready for a big moveA few days back I had posted a chart saying that since the channel in which Power Grid was moving has been broken, one should avoid/exit/short sell this. However, the stock has rebounded very very sharply and with the recent rally in energy, looks to gain further if the current level of 218 is broken. Hence, one can go long if the resistance is broken. The resistance will then become your stop loss/support.
Powergrid corpPowergrid corp CMP: 209 sl: 180(wcb) target: 280/360 .good dividend paying company..
Note: educational post
Swing Trade Opportunity in POWERGRIDSwing trade opportunity in POWERGRID, with a target of around 220
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
POWERGRID INTRADAY TRADEWe can spot bullish divergence in POWERGRID. We can go long above 200ema and high volume area. Targets are mentioned in the chart itself.
POWERGRID- At Important Support1. In the daily demand zone
2. Support of 200 SMA & EMA cluster
3. Bullish Divergence in 4hr tf
Conclusion: Due to above reasons stock may bounce off and reach to channel high. Bullish if it closes above 200rs with good volume.
Power Grid Channel Support BrokenLike a lot of stocks in this correction and volatility, Power Grid has broken its long term support line. It is a SHORT/SELL. A Lower Top formation would give a clear sign of how long this correction can be. If however, the chart bounces back above its channel in the next 2-4 trading sessions, there might be some respite.
POWER GRID TAKING SUPPORT FROM BOTTOM OF PARALLEL CHANNELPower Grid is moving in a parallel channel from past couple of weeks and now it is taking support from bottom of paralle channel .
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RSI is sitting at a lower level supporting long position .
RSI forming a Bullish Divergence again supporting the long position
Bullish Engulfing candlestick pattern at the support zone
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Leaving the target to you guys and stoploss will below 194
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TAKE TRADE AS PER YOUR RISK
PowerGrid |Fib Level |Ascending ChannelNSE:POWERGRID is touched the bottom line of ascending channel. Also it's near to the 0.786 Fib levels.
It always respected the channel trendline. So if it breached it can give good down move.
Also there is chance to continue inside the channel. Wait and take the trade, once the direction is confirmed.
POWERGRID - closed below the channel support linePOWERGRID closed below the channel support trendline. Waiting for the confirmation
PowergridPower looking good for intraday tomorrow
it has formed a rectangle channel any side breakout and breakdown will lead to good movement.
POWERGRIDThe price of this stock is trading at the support level of the trend line. low risk with minimum stoploss. enter after a bull candle is advisable. if you want to invest in this stock do your own research and then proceed because of your self satisfaction.
If you want (price action) of any charts then drop the stock keyword in the comment section.
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Thank you.
Note: Don't trade without stoploss because risk management is the main key in trading.
Power Grid 1wtflook like downward and good for sellers and if closes below 197.5 good for PE option and short for futures.
This is my view only and do your own research
POWERGRIDTrade setup is explained in image itself. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
