GRANULES
GRANULES INDIA BREAKOUT TREND 372.65GRANULES INDIA Current Closing Price 372.65. shares of Granules India are in continuous uptrend. A recent side ways move seems ending up with TrendLine0 breakout qualifying a stock price to reach at least all time high line of TrendLine1 at 437.00 around. Keep Watch. Always a strict stop loss to be maintained to avoid big losses.
GRANULES - Ichimoku Bullish Breakout Stock Name - Granules India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 371
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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# Ichimoku Cloud
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GRANULESNSE:GRANULES
daily chart GRANULES LTD.
if granules close above 231 on yesterday then stock has breakout of daily and weekly both timeframe
buy above 331 with sl 313.50
first target 364.70
second target 427
holding period : target should be compete on or before 11 nov 2022
note : - above the 437 stock will be open wide-range upper side, final target be update soon
Disclaimer : Education purpose only, Before take any position consult with your financial adviser
GRANULES NSE:GRANULES
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Bull counter attack in Granules IndiaGranules India has maintained support of 340 price level after breakout.
As identified in chart, Bull has made counter attack the bear candle.
RSI is also increase by taking support of 60 levels,this shows stock is still in bullish momentum.
If volume is consider, current candle has above average volume.
Target of 395 can be achieved in upcoming days.
Traders are requested to do their own analysis before taking actual trade.
Happy Trading!!!
Inverse Head and Shoulder in GranulesChart -> GRANULES Weekly
Despite heavy volatility around all markets, Granules was able to sustain! And market showed a slight relief, it is the first breakout with an inverse head and shoulder pattern.
CMP: 345
Targets: 403, 435
SL: 305, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
#Granules facing weekly trend line resistance, can it breakout?As per weekly chart #Granules is bullish but its near falling trend line resistance which I have highlighted with circles. Now if it can break and sustain above 350 then it can give move till 360/393/438 which are FIB resistance zones. My weekly ADX +DI is also looking good and if it cross above 25 then sudden burst of momentum can achieve above mentioned targets. Till now weekly +DI was not able to cross 25 zone since Jan'22, so keep eyes open on this counter for swing trades.
Happy earning
Granules long opportunityNSE:GRANULES
Stock -> Granules
TimeFrame -> Weekly
Hello all!
Granules has been forming a flag and pole pattern.
It finally broke out of the flag in the last week of September with heavy volumes and I believe this generates a good opportunity to go long!
There are multiple other factors that strengthen my conviction on going long
-The stock is taking support from its 50-week EMA
-Stock has support from both 50 and 200-day EMA
-Flag breakout occurred after a strong bounceback from the Fibonacci golden zone.
The Risk to Reward ratio is also decent.
*NOT A CALL*
Disclaimer: Markets have been behaving a bit jittery. Hence it's advisable to trade with a smaller quantity than usual and maintain a strict stop loss.
#granules #nifty #technicalanalysis #swingtrading #ema #fibonacci #poleandflag #markets #trading #investing
Granules on Daily and Weekly ChartHello Traders keep Granules on radar ....
Granules makes a Rounding Bottom pattern on a daily chart.
If it gives a breakout of 326.10 and holds it strongly.
Then we will see the levels of 362.20, a move of more than 11%.
362.20 is a Resistance on the weekly chart.
Happy Trading
GRANULESNSE:GRANULES
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!