POWERGRID FUTUREPOWERGRID FUTURE, looks good for buy, but be cautious, may fall to take the bigger entry on the trend line of the bigger time frame
#POWERGRID - completion of a Diagonal TriangleThe earlier posted cup and handle pattern on Powergrid has not materialised. The stock has moved sideways and the pattern now looks like a ending diagonal. On the long term charts the rally from Mar '20 can be counted as a completed 5 wave structure.
A break below the lower trendline of the diagona
#POWERGRID breaking out of a cup and handlePowergrid is breaking out of a cup and handle pattern. The C&H is one of the most reliable patterns during an uptrend. The stock has been trading above its 200 DMA for several months now and is in a clear uptrend. The breakout is on above average volumes and is added confirmation. Look for a good ra
powergrid may give breakout from trianglepowergrid may give breakout from triangle, taken support form 4hr time frame trendline already
HISTORY REPEATS ITSELF..!!“Hegel remarks somewhere that all great, world-historical facts and personages occur, as it were, twice. He has forgotten to add: the first time as tragedy, the second as farce.”
― Karl Marx, The Eighteenth Brumaire of Louis Bonaparte
This is my trading journal, not a trade recommendation. I Will b
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