Basic intraday setupPleasure to have you here. in this 15 minutes chart, the chart has been slightly in uptrend and based on the technical analysis have prepared a small intraday setup.
if you like the idea please like the post :) It will be a motivation to further such ideas.
Note:- 1) This is just an intraday analysis setup and no advice to trade.
2) If you are making position, please have your risk to reward analysis and then enter.
3) The analysis and target shared does not mean i trade in them, entry and exit depends on the market open and other factors.
POWERGRID trade ideas
POWERGRID POWERGRID facing trendline resistance as shown in chart ,it has important support around 155-158levels one can trade for target of price reaching trendline again at 170-173 levels & can trade short side from there upon seeing any reversal candle stick pattern at trendline for 158/155 as targets.
POWERGRIDTHE WAY ITS BEEN HOLDING 173, IF IT DOES ONCE AGAIN, IT WILL EVENTUALLY MOVE TO 178, 182 AND 185
ELSE IT WILL BREACH DOWN TO 170 AND 166
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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