TradeTheTip

Granules | Bullish Harmonic Pattern | Double top Formation | 1Hr

Long
NSE:GRANULES   GRANULES INDIA
Bought GRANULES , Target = 379.65 bullish harmonic pattern observed as well as double top formation at all time high
expected profit = 11.70 % Stoploss = 4.39 %
Bullish engulfing candle also appeared with decent volume
Comment: granules showed 7.87 % upward move , hope some of you made descent profit
Trade closed manually: keep on booking @ 376.15
even exit full
Trade closed: target reached: firstly target was set wrong as you can see its above resistance but its has to be at resistance so our target is reached guys

Comments

Are the ratios correct??
Reply
venulaxmi20 jjthomas94
@jjthomas94,
Whether these ratios work or not ,one thing is certain that granules share is going to be up and up just before and after second quarter results..But operators are trying hard to bring down share price in the immediate short term ,with the sole intention of accumulating it after the weak hands start selling it due to panic ..it may come down to 300 and below in the short term.
+2 Reply
jjthomas94 venulaxmi20
@venulaxmi20, it just flew...
+1 Reply
TradeTheTip jjthomas94
@jjthomas94, start booking profit as per your comfort
+1 Reply
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