CGPOWER trade ideas
CG Power Daily Analysis Demand zone + Double bottom + Trend liCG Power Daily Analysis
Demand zone + Double bottom + Trend line Support
CMP 37.55 Can buy again with SL 26 below
Target 39.9 - 43 - 44- 47- 49 - 51 - 53- 55+
CGPOWER 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.
[Intraday] CGPOWER Weekend lvl 7 Short TradeWeekend lvl 7
Short below 45.10, SL PDH
PDH = 47.35
If gap up or down, follow 5m ORB.
CGPOWER Tweezer Top + Inside Bar Short TradeShort 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.
[Intraday] Short CG PowerThe candles are getting squeezed shows weak buyers which translates into selling if the low of the Doji breaks!
Our Best trade is to short 32.5 CE
CGPOWERBEACAUSE OF RSI DIVERGENCE AND DOUBLE TOP PATTERN , WE CAN SEE FURTHER DOWNSIDE FROM CURRENT LEVELS.
CMP 43.05
TGT 40.25
SL 45.70
DISCLAIMER : ALL VIEWS ARE ONLY FOR EDUCATIONAL AND IINFORMATIONAL PURPOSE AND IT'S MY PERSONAL VIEW. DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADE.
[Intraday] CGPOWER Double Inside Bar + Weekend lvl 8Double Inside Bar + Weekend lvl 8
Has been continuously falling from past 8 days. Today made another inside bar with a green candle. If it breaks PDH , then there is a good possibility of a rally.
Long above 37.60, SL PDL
If gap up or down, follow 5m ORB.
[Positional] CGPOWER Long TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
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.
[Intraday] CGPOWER Inside Bar + Weekend lvl 8 Long TradeInside Bar + Weekend lvl 8.
Has been continuously falling from past 8 days. Today made an inside bar. If it breaks PDH, then there is a good possibility of a rally.
Long above 37.65, SL PDL
If gap up or down, follow 5m ORB.
CGPOWER-SHORTNegative divergence seen... Price is previous support level, if u watch weekly charts one can understand, as RSI facing resistance...
Keep stoploss at 48
Targets - 43, 42.1, 40
Keep trailing the stoploss
[Intraday] CGPOWER HNS pattern Short TrdaeShort 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.
CGPOWER Possible short setup from this parallel channel.CGPOWER is in a bearish parallel channel, this could be a good opportunity to take a chance with a short.
