POWERGRID given breakout on daily time frame, now wait for retest and let resistance become support. its always good to wait for correct time
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as...
*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
The stock had seen quite a fall from last week, and the weakness is carrying forward this week also.
The next good support of the stock is around 167-171 levels.
Keep an eye on the stock for bottom picking, though one can wait for the price to stabilize near support levels.
*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 30 min 1H first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
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.
Power grid corp has given double breakout with good intensity of volume, one can go long at these levels or in dips
all the key levels are mentioned in chart with stop-loss and targets
key levels are mentioned in chart
double breakout with good intensity of volume
macd in daily positive crossover and Uptick and also above zero line
Rsi in hourly above...
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,...
Good Breakout
All the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Hello There,
Hope You all are fine and fit..
As you all aware we are sharing daily one stock analysation report here, Same you might book profit from our analysation..
This is short evaluataion For PowerGrid.. Showing very bullish view on chart with all indicator in support, Powergrid is Nifty Stock which will be more safe for long term investor, As per...
