POWERGRID trade ideas
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 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
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.
Powergrid FLAG AND POLE Powergrid already gave a super up move and consolidating near that hight and getting ready to break those who missed that first rally can pick this after breaking upper side trend line with a proper stoploss for bigger targets
ENTRY at 283
STOPLOSS- 272
TARGET - 300, 330, 350-370++
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
POWERGRIDNSE:POWERGRID
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Power Grid Technical AnalysisNSE:POWERGRID
Power grid is about to give the break out from the long term resistance trend line. When the stock trades with one good bullish momentum then that will be right time to enter the trade.
At the down side 180 range and 120 range are good support zones to keep the stop loss.
Buy Power Grid Corp (POWERGRID) in the rising channelThe price seems to be bouncing from the horizontal support.
Entry Point: 245 - 239
Stop Loss: Place a stop-loss order at 236.00. This level corresponds to recent lows just below
upsloping support line.
Take Profit Targets:
Target Price 1: Set the first target price at 276.00 bellow upsloping resistance line unbroken in the
past 6 months.
PowerGrid Breakout or Breakdown Risk Reward 1 to 3 Trades
In this approach, Once Breakout or Breakdown levels are breached, we initiate Long or Short positions accordingly with Proper stop loss as mentioned in the chart. Since the Risk Reward is 1:3, we can take a maximum of 3 trades.
If we follow this approach, over the long run, money is gained.
A trader is advised not to treat these setups as lottery tickets. Since only I know why these work (while others may not), only I have the conviction to trade them in real market. So kindly treat them as educational trades only.
Happy Trading!
#POWERGRID... Looking good or 02.08.23#POWERGRID...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
POWERGRID - GREAT PICK FOR INVESTMENTUpon careful analysis of the different time frames of powergrid, one might come to a conclusion that it is gonna head upwards at accelerated pace once it crosses 254. Keep an eye on it since it is one of the most promising stock. I have attached my analysis wherein i have drawn the most probable path it might take if it wants to head high.