Bearish Head & shoulder ,Short sell Power grid future @ 292-293Bearish Head & shoulder on Power Grid .
Short sell @ 292-293
target 254/227/190
lets see
Power grid : Short Opportunity: 1Hr TFPowergrid is showing a wonderful short opportunity on 1Hr TF
Reason 1- Reversal from Support turned Into resistance region as marked in the chart
Reason 2 - Struggling to Cross 200 , Reversal were seen earlier
Reason 3- Unlike Nifty it did not show any Bullishness during today’s market hours
I
Single line in Monthly timeframewe can see, as soon as price breaks the line in monthly timeframe, it gains huge momentum.
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
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of POWER GRID CORP FUTURES is 300.10 INR — it has risen 1.03% in the past 24 hours. Watch POWER GRID CORP FUTURES price in more detail on the chart.
The volume of POWER GRID CORP FUTURES is 19.26 M. Track more important stats on the POWER GRID CORP FUTURES chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For POWER GRID CORP FUTURES this number is 77.63 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for POWER GRID CORP FUTURES shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for POWER GRID CORP FUTURES. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of POWER GRID CORP FUTURES technicals for a more comprehensive analysis.