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iamrk7
Feb 26, 2024 5:16 AM

Granules India: Is It the Next Opportunity? Long

GRANULES INDIANSE

Description

- Is Granules India our next PFC contender?
- Similar move, pattern, and good strength observed.
- It's worth considering a speculative move.
- However, we must not risk everything.
- Our course of action:
1. Granules India's current market price is around 476.
2. We will Wait for today's closing, which should be above 474 to meet our bullish trade condition.
3. If the first condition is met, we'll buy above today's high, with today's low acting as a small stop loss.
- Due to the trade's riskiness, we'll manage quantity to mitigate risk.

Order cancelled

Since the granules did not surpass the threshold of 474, the trade remained inactive.
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