POSITIONAL TRADE -"GRANULES"
Updated
The stock is showing some positive breakouts on daily charts but the stock has seen some sell off on weekly charts from the levels of "RESISTANCE" (as marked in the charts)
If the stock is able to break the levels of Rs. 124- Rs. 125 then the stock can see good positive outset and may reach the levels Rs. 136- Rs. 137 being the FIRST TARGET and further if the stock gets some positive bias from the market then the stock can reach the levels of Rs. 146- Rs. 147 being the LAST TARGET, after which the stock will see some selling pressure as the stock has faced huge resistance at levels (which is depicted in the charts)
If the stock keeps on the low side then the short should be generated after the stock breaks the levels of Rs. 108- Rs. 109/- by which we may be able to see the levels of Rs. 90- Rs.92/-
"STAY CONNECTED"
Thanks,
Siddharth
If the stock is able to break the levels of Rs. 124- Rs. 125 then the stock can see good positive outset and may reach the levels Rs. 136- Rs. 137 being the FIRST TARGET and further if the stock gets some positive bias from the market then the stock can reach the levels of Rs. 146- Rs. 147 being the LAST TARGET, after which the stock will see some selling pressure as the stock has faced huge resistance at levels (which is depicted in the charts)
If the stock keeps on the low side then the short should be generated after the stock breaks the levels of Rs. 108- Rs. 109/- by which we may be able to see the levels of Rs. 90- Rs.92/-
"STAY CONNECTED"
Thanks,
Siddharth
Trade active
" Roller Coaster on the way soon"TRUST THE PROCESS
Trade active
As said the stock has not broken the resistance and the stock coming to the levels of target as mentioned.TRAIL OR EXIT
Thanks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.