POWERGRID Swing Long SetupEntry Zone - 335.30 - 336.82
Target - 358.80
Stoploss - 323.55
Stoploss only when 1 day candle closes below the price - 323.55
Note: This is not any financial advice, this is for education purpose only
POWERGRID trade ideas
POWERGRID Bearish Flag sell side A sell-side scenario for Powergrid could be triggered by a breakdown below a key support level, indicating a potential reversal of the uptrend. This could be fueled by a decline in buying interest, profit-booking, or a negative news event impacting the stock.
Powergrid can become PowerfulPower Grid Corp. of India Ltd. is a holding company, which engages in the power transmission business. It operates through the following segments: Transmission Services, Consultancy Services, and Telecom Services. It is a PSU company with high dividend yield of 3.3% at current market price.
Power Grid Corp. of India Ltd. CMP is 337.40 The positive aspects of the company are moderate Valuation (P.E. =20), Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Growth in Quarterly Net Profit with increasing Profit Margin and The Negative aspects of the company are Inefficient use of shareholder funds - ROE declining in the last 2 years and Declining Net Cash Flow : Companies not able to generate net cash.
Entry can be taken after closing above 343. Targets in the stock will be 348 and 356. The long-term target in the stock will be 364. Stop loss in the stock should be maintained at Closing below 328 or 291 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Dividend Paying Stock - Long TermI am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
It One of the Dividend Paying Stock for Long Term Investors and Right Now in Good Position to take Entry.
Always take entry near the Support to Moving average.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Power Grid-Bullish Swing-More power expected!! NSE:POWERGRID
01.08.2024
Buy 359.7
Target 386
Stop Loss 342
Risk: Reward: 01:1.5
1. Inside bar breakout in day TF and Weekly TF
2. Good Uptrend
3. Price has broke strong resistance level
4. Good Volumes from past few days
5. Energy sector and public sector is in good mood
PowerGrid: Breakout Stock Alert
Strong uptrend from Dec 2023
Breakout from resistance
Ascending trend line
Good volume support
Powergrid Breakout 4JUN fall This Stock Is already in uptrend But Today , this Stock Given Breakout.
Also Create VCP formation .
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POWER GRID CORP S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
POWERGRID - Go long for 20%+Powergrid is following 5th wave.
Mirror move count ends at 400
Offering good R:R
Powergrid upside move Power grid can give a good up move with a decent stoploss and good Targets for swing or positional trades
Entry - 303
STOPLOSS - 298
TARGETS - 320, 328, 336++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Swing opportunity on POWERGRIDHope you all recovered from huge swings for the past couple of days. I recently happen to find a swing opportunity on POWERGRID daily chart where price is moving between a ascending channel. Price is at support level with the formation of double wick on the bottom indicating there is a strong buying pressure at this level. Once can enter just above todays high with a stop loss just below todays low. Target can be at the next resistance level. This trade offers an ideal risk reward at around 1:2.5.
Hope you like this analysis. If you think it was helpful please boost this idea or leave a comment down on what you think. Otherwise happy trading :-)
PowergridPowergrid is about to retrace due to a potential corrective move. Waiting for a pullback to get an entry on this stock
sell at zone ~ intradayexpecting small fall from the zone . look for confirmation inside zone in smaller tf.
- good for intraday trade
- entry inside zone
- sl is day close above zone
- for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers).
- don't trade , if u didn't get selling confirmation inside zone
- if day close is above this zone , this pattern becomes invalid.
Power grid make a double top Power grid stock give a double top on daily time frame. stock retest at previous level if its break down the price. keep watch ........
powergrid......stockpowergrid has performed verywell last month.....if you are holding it then dont let it go....1M strategy is to reach 365 very well
Did you seeePower stocks on the upside move One of the stocks from this Bucket is POWER GRIDE just look at the chart and you will get a sound understanding of it.
One can consider 317.5 CE@4.7 with a strong stoploss is 3.2
power grid go long powergrid has given breakout of rounding bottom suggesting buy hold for few weeks for good tgt
PowerGridThis is one of the strongest Nifty 50 stocks which usually tends to out perform both NIFTY and small cap index. It is a play on the utilities sector with a high dividend yield!
This is a must do SIP stock there is!
Can start accumulating and buy on dips!
Power grid ready for B.O??Power grid can give a good up move with a small STOPLOSS and good Targets
ENTRY - 272.5
STOPLOSS - 269.8
TARGETS- 280, 285, 295++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou
#Flag #Breakout with Mark ContractionPowergrid
1) #Flag
2) #Contraction (Mark Minervini patter) withing flag
3) Consolidation before #Breakout
4) Engulfing Breakout candle to all 5-6 candle
POWERGRID FLAG AND POLE - REPOSTPowergrid FLAG AND POLE repost after RE-TESTING trend line and showing a good buying opportunity for swing and positional trades
Entry - 282.5-283
STOPLOSS - 278
TARGETS - 290,300++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou.
