Stock has formed a VCP.
Drifitng sideways around pivot and 21 EMA.
RS rating of 70.
Pivot buy at 1974.
Publishing for my own reference.
Not an investment advise.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK FOR EDUCATIONAL PURPOSE ONLY
WATCH Grindwell Norton Ltd. @ RS 1930 with target of RS 1970 CMP IS RS 1891.45
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 1850
Disclaimer: I am not Sebi Registered. All my ideas/opinions and...
This small cap stock is in uptrend and keep throwing some mouth watering patterns , add this in your watchlist n dont miss the next breakout.
Simple price action, no jazz.
Prevailing UP trend was on a PAUSE MODE
Accumulation signs observed
Bullish flag pattern identified
Breakout of the bullish flag has opened a good upside rally projection
All the levels mentioned on the chart
GRINDWELL looks good above 1287 levels.
- Has been trending since the Range BO
- Looks ready for the next ladder targets
- Strong RSI levels and volumes in the past few days.
One can go long above 1287 levels with SL of 1150 DCB.
Rest all the key levels are marked in the chart itself.
