WaveTalks

Granules - Bearish Bat@141 for 136-134-131 Short Term

Short
WaveTalks Updated   
NSE:GRANULES   GRANULES INDIA
Strategy 1- Short Term- Sell Call
Bearish Bat holding below 141 - 142 - we can look for targets 136-134-131 & lower targets

Strategy 2 - Middleman Push - Buy Call
Any push above 141-142 levels can take it higher to 150 levels where profits have to be booked. Any move later above 150 without dipping back again below 150 is clue for Strategy 3 mentioned below

Strategy 3 - Long Term - Buy Call
Any push above 159 - Can be awesome move upside for uncharted area which can lead to 170-180 zones.

Strategy 4 -Most Awaited & Supersonic - Buy Call After falling below 130's Any push above 130- Look for higher upside later may be Feb- March 2018 for 170 - 180 Zones upside. For Super Sonic Move -Keep in mind that it should not move below 90 levels -Holding above 90 -this strategy is valid.
Trade active:
09:29 Hrs 25th Jan2018

Last Price@139

Move Started from 141 highs as expected in Strategy 1- Trail your stops covering your brokerage cost at entry price of 141. Can book partial profits as well 2 Bucks

Trade active:
11:33 Hrs 25th Jan2018

Last Price@137.80

Booking Another Partial Profits at 137.50-137.75 & shall be waiting on sidelines - Taking Tea Break.
Trade active:
12:34 Hrs 25th Jan2018

Last Price@138.05

Wow! - Great Pushes upside from 137.15-137.50 Zone - Can be risky buy call for risk takers who can afford stops below 137 for 139.50-140

Later if 141 is intact - we might see fall again to 137 - 136 - 134

or Going below 137 - It is heading next downside target of 136 - 134

Trade active:
15:02 Hrs 25th Jan2018

Nifty Update

Last Price@11048

Index taken support just above 11000 mark & turned upside from 11010 lows of the day.
We have short term bullish butterfly @11010 Lows -Looking for short term bounce to 11105 levels - shall book partial profits & have fun for weekend.

Trade active:
15:11 Hrs 25th Jan2018

Nifty Update

Last Price@11075

Book Partial Profits at 11075 & Above 11080 for 11105 - Have a nice weekend.

Trade closed: target reached:
15:23 Hrs 25th Jan2018

Granuels Update

Last Update@136.15

Close to Target of 136 below 137 - We also had an opportunity to see risky bounce from 137.50-138 to 138.90 as shown in small circle which was close to 139.50 upside risky target in between as suggested earlier Below 137 for 136 -134-131

Take Care -Have a nice weekend.

Comment:
15:26 Hrs 6th March2018

Last Price@111

An exciting journey from 141-142 to 107


Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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