Head and Shoulder Breakout with good volumes...🍻 Can retrace a little bit but it will keep continuing the bull run....🚀📈⚡️
In Powergrid double bottom is formed , breakout done doing consolidation can take long entry according to analysis
POWER GRID - Double cup & handle breakout The recent structure formations have added to the strength of the breakout.
in powergrid , there are two bottom was made and also there are positive divergance in RSI indicator , last day closing was strong for bullishness , as per the support -resistance and fibonacci retracment stock can go upto 230-240 level.
POWERGRID sell for intraday trading if stock break the break the given support level...........
Power Grid Corp_Short term Target Cup and Handle pattern Entry exit SL marked
Stock has recently taken support from the levels of 204.05 and has shown signs that an upward movement is possible in the mid term horizon. So if you are considering this stock in your portfolio then you could get into this counter as the risk would be at minimal cost. Time duration 2-3 months Buy @ CMP or above 212 for a Target of 240 with a stop of 204 or below.
POWERGRID buy for intraday trading if stock break the given resistance zone then we will enter in trade.....
Bullish shark harmonic pattern is active now in powergrid. we can take entry with respective fib level sl and legs tgt.
we can see powergrid has taken out support trendline we can buy puts on retest near 212-13 for trgt of 190 monthly candle breakdown also supports sell side trade
POWERGRIDCORP sell for intraday trading if stock and if stock break the given supportzone..............
i thing it crate trengele brak out of the chart ho to low trengel brakout
Powergrid is forming clear Head and Shoulders pattern and is going to be in bearish mode for a target of 216-215 in near short term.
we are expecting POWERGRID move up because of bulling pressure. maintain fixed SL.
Ending diagonal, truncated fifth, and fifth wave extension explained. all the best.
NSE:POWERGRID buy zone. buy between 239.90/- to 248.35/- long term stop loss 211.80/- I think this is the right time to invest in NSE:POWERGRID This is my study, I'm assuming this stock will give good return. you can go for 1:7 OR 1:10.
ending diagonal pattern. power grid corporation. happy trading.