risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Granules next resistance will be at 260. If 360 is broked and closed above it on weekly basis, we can expect 40-60% rise from 360.
- Increased volume - Inverse H&S / Parallel channel breakout Entry levels 325-330 *Not recommendation
GRANULES - Trendline breakout accompanied by golden crossover One can go long with a SL of 318.
Granules India has recently given a Breakout after a long consolidation,Pharma sector looks bullish for this month.
*GRANULES INDIA* Time Frame: Daily Observation: * Rectangle Pattern Breakout * Swing High Break Resistance/Target: 362 396 428 Support: 295 273
#Granules for Longs Buy 350 Target 405/500 Stop-loss 299 #nifty #banknifty Note: I'm not a SEBI registered research analyst or not a Financial Advisor, this is for educational purposes only, Before trading please consult your financial adviser.
GRANULES is ready for breakout from a triangle pattern . wait for retest before proceed further. Do your analysis and confirm
Complex inverse head and shoulder pattern + Double bottom pattern + Darvas Box consolidation + Cup and handle pattern When so many patterns are formed in one chart the probability of BIG move is very high. One can trade for All time high target and stop loss below 295 on daily closing basis
Granules India - Weekly TF Pattern - Flag n pole Buy when one weekly closing above 328- 330 Tgt 1- 355 Tgt 2- 385 Tgt 3- 425 ++ Stoploss - 325
This also looks like a turn around story. double bottom on weekly and crossing the long running downward TL. breaking out of this will lead to previous high level so they also coincide with Fibonacci
Pharma Sector looks in a pressure for a down move and we can see Granules following downtrend despite overall market towards upside. It would be good to go with hedge position of Shorting 300CE and Buying 330Ce for hedging.
Looks like pain is going to stay Inverted hammer at trendline resistance Can come to 290 quite soon
GRANULES formed flag & pole pattern on weekly chart. After price cross the 330 level on weekly basis, there is a possibility to continue its previous trend. Entry should be 330>, sl-298 and target 1:3 (minimum).
Granules broke out of weekly falling channel with very good volumes & also broke above previous swing high of 324. Could be bought with stoploss of 300 & target of 375/400
Long above 318, T1 - 328.25, T2 - 338.40, T3 - 350.80...... SL 296.95-290 Short Below 290 - T1 - 282.75,T2 - 274.65, T3 - 268.90...... SL 318
Granules india wave (5) 5wave I expect (3)=(5) minimum length 530.70 Finally target 469& treling stop loss
THIS stock is expected to test the top supply zone