POWERGRID trade ideas
Power Grid losing it's powerpower grid is looking weak below 189
1:a short entry can be made below 188.5 for positional targets of 185-184 and 175-174 sl:-191.5
2:Risk Reward Ratio:-1.75
3:do share your thoughts in comment section
4:these are our personal views please take up the trade with a space and acceptance that it may go wrong
also please consult your financial advisor as i am not a SEBI certified advisor
5:i repeat consult your advisor before taking up a trade we are not responsible
Let's HOPE things go on our side
Thanks for reading have a good day
Buy PowergridBuy Powergrid above 198 Stoploss 188 Target 215
Study: Stock is consolidating from 20th November in between 189 to 197 zone...breakout above 198 can give 10% move for the upside
POWERGRIDGave Breakout with good volume.
Volatility Contraction at this time.
Can give good upmove if it break this contraction area with volume.
Use for Education Purpose.
Trade according to your analysis.
Note:- This is my Personal view. Contact your Financial advisor before taking any Investment decision.
POWERGRID - GOOD SWING MOVE EXPECTED FOR THE COMING DAYSA RANGE BOUND MOVE followed by INVERSE HEAD AND SHOULDERS is a clear cut indication of consolidation followed by a BULLISH breakout. A BIG BREAKOUT ...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Buy Above 200Long time resistance along with Camrila pivot R3 at 200. Can shoot up if breaches 200 level.
Target -206, 216 etc
POWERGRIDIt is consolidating near breakout point in very narrow range. Above 200 it may go very fast. Sl can be kept near 192 level
POWERGRID - RANGEBOUND MOVEMENTA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
add this to your watchlistIf you are willing to take on this , please go only with minimum quantity . and rely on the weekly tf itself as day timeframe might not give you a clear view.
Powergrid trendPowergrid is currently travelling in a range and if it breakout or breakdown from that range then it can be good scrip for swing trading.
Powergrid - Crazy trade - 6 months of resistanceThat was a crazy trade for the day. Price tries to break six months of resistance but unable to hold the momentum and falls back below the resistance levels at the end.
Gap down open was another reason for the bulls to fail, actually bulls are exhausted after reaching the resistance levels were bears took total control. Good example for Fake out.
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Power GridRange bond trade.
178 on lower side and 207on upper side.
Sell 190 CE at 8.5 and 195 PE at 8.3.
Safe till 178 t0 207.
Profit 48K.
Remember this trade is for at least 2week.
Margin requirement will be 2.04Lack
Njoy
POWER GRID Giving breakout try for 202 and if further sustain 215. Cautious stance as nifty is facing resistance on 13100/200 try on friday morning for furtherr gain if and only if sustain above breakout
