The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA . Risk Reward Ratio - 1:1 SL is placed below multiple major support zones & 200 EMA and target is place near swing and channel high. Imp: Earnings may be disclosed during the trade duration. If not...
inverse head and shoulder + ascending triangle + all time high breakout with good volumes can give a target of 278 according to fib retracement .
RSI is still 60 so has upside potential after breaking 2017 has cooled off for a few days. now trying to make new highs
Powergrid is on the list of gainers, today, and I also discussed this post in my previous posts, the stock looks good on all the timeframe and they are in alignment. On the hourly chart, it closed near the trendline resistance, since the higher frames are positive, I am expecting that we might see a breakout tomorrow and it could be good intraday for tomorrow,...
POWERGRID making a saucer pattern breaking in between given a short opportunity otherwise following the saucer pattern can give upside moment. this trade was given in premium membership.
Since the stock is listed its been in the channel pattern for a decade. Now it has the potential to breakout. Now the stock shows slightly a down move and once it gets a support at rupees 220, it could go a long way up .... Wait for the price to move above rupees 247 then go for long term investment as it is a nice script. NSE:POWERGRID
Sl - 211 Start accumulating at lower levels because the day it will give rally, catching it will be next to impossible. After 238 a big breakout is pending . Start buying by maintaining a perfect SL. Post your queries in Comment section or DM me.
As long as it is sustaining below 229 -230 levels, there is a probability of a Bullish Cypher pattern on the hourly chart of PowerGrid. The important point of the bullish cypher is that both the lows and the highs are trending upwards, hence the structure of all the timeframes are trending upwards. So bullish cypher if unfolds as expected, is going to provide a...
I was scanning the stocks through the gainers and losers list today, and the stock that took most of my attention is the Powwergrid. Why? Let me tell you, the first and foremost reason was: the stock went above its all-time high today, though couldn't close above it, but it did make a new high today. Second: Price Action on All timeframes are in alignment, all...
The stock is consolidating at these levels. We are awaiting the MACD cross-overs. ANd if that happens we can see the recovery, else EXIT is the best option we see. Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the...
Dear trader, If u look at the chart of POWERGRID (analysis based intraday only) the POWERGRID support at 220 and Target at 228 and Stop loss at 216. The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis. In Intraday most important thing is to enter and exit points. Our signals are based on analytics,...
Looking for VST to fill the gap up and hit mid 20s in the next week or 2.
Things to be kept in mind : `````````````````````````````````````` >> Take this trade only if Nifty is red in its pre-opening session. >> Take this trade only if Powergrid opening price is equal to or lesser than previous day close. >> Maintain strict stoploss as per risk appetite >> Trade under professional supervision.
Power Grid - Daily 1- Flag Pattern 2- Break-Out Re-Test and Consolidation near break out 3- At 50 EMA
Crazy volumes after a decade or so. Inverse Head & Shoulder break out and long term trendline breakout. Something fat for your wallet is cooking here.
Long powergrid - Growth & Dividend Payout. Took resistance & broked trend to prove trend reversal. Powergrid : Target 180 with SL 171.