GRANULES NSE:GRANULES
consolidating since 1yr,
channel pattern breakout. retracing again trend line breakout.
we could make entry with swing low SL i.e around 310-312
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
GRANULES
GRANULES is at support can give up to 29% returnsI will buy GRANULES because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 315/320
Target : 405
Stop loss : 303/300
75% upside potential in long termFlag 🚩 pattern strong Trend
More than 75% upside potential on weekly 📊chart
Can double in long term
GRANULES INDIA
Target:- 402
Stoploss:- 318
Duration:- 2 to 4 Weeks
The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. Use proper stoploss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.
Granules - 800 - Not soon, but possibleGranules has made a flag pattern on weekly.
Once this hits the red channel bottom, it can make very quick moves to reach 600 - 700 and possibly 800 levels. I will start accumulating small quantities on dips.
This is not a trading or investing advise. Please consult a registered stock market expert for any trading / investing decision. I am a newbie trader :)
#FORTIS CMP236 #Target254 #PMModi #ModiSpeech #Pharma #CNXPharmaDaily Chart
#FORTIS
NSE: FORTIS
Short Term Quick Profit
CMP 236
Target : 254
SL : 226
Timeframe < 30 Days
Can hold for longer time
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher highs again.
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Granules analysisGranules analysis posted on chart if you like the analysis hit the like and subscribe the profile.
Granules
All charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
Granules analysisGranules analysis :
Here We can see Granules is making LH LH and HL HL pattern means symmetrical triangle and breakout containing with higher volume is good sign that Granules will go upside but there is another resistance line which is forming ascending triangle.
So first breakout should have follow-up candles with good volume that lead to ascending triangle breakout as well which is still pending.
We can clearly see that volume is rising while consolidation was happening from March till July Mid 2021.
So final verdict is to wait for Price to move above 380 then make positional bet on this script. Stop loss should be below 300. Target must be open with mindset and risk appetite.
If you like the analysis hit the like button and subscribe.
Granules - 1:2 Risk reward stock🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Granules- Weekly chart
- Swing/ Positional/ Investment Idea
- Coming out of 6 Month long correction/ Base
- First target ATH, Can be added more on ATH Break
- Risk management & Position Sizing, as per appetite and individual strategy
- Earnings expected in 10 days, IMP
Breakout Expected this week. Keep in RadarThis stock has the superb fundamentals and looks very good on chart for swing trading.
Double bottom formation is near to complete if it gives breakout.
Majority of buying done in last few days.
A good momentumeis expected any side, mostly up move as per price action patterns.
This post is for information purpose only
Granules - Volumes trying to tell somethingDifference between doji it formed earlier and now is volumes. Volumes are huge and shows this time breakout might be real and take the stock higher after long consolidation between 300 - 350 levels.
Will Granules Break the Downward ChannelAfter making a high of 437.95 Granules has been moving in a downward channel making consistent Lower Highs and Lower Lows until today.
There is a strong support at 299-305.
Anyway to make any long term investment in this scrip it has to break the channel on the upperside.
Granules : Swing ideaGranules on daily chart gas given breakout with really good volumes, we can see good upside momentum in upcoming days
Granules - Time to unwind long positionsKey Takeaways:
1. This indicates that buyers have lost their strength. The buying momentum is fading out. While demand has been pushing the stock price higher, there was significant selling.
2. The buyers managed to bring the price back to near the open, the initial sell-off is an indication that the price has likely peaked.
3. The massive volume on Doji represents significant unwinding of long positions.
4. The price may even consolidate instead of falling down. But there is no use in holding a position during consolidation(until and unless you are a long-term investor) because that has a huge opportunity cost.
5. This can be the right time to close your existing long positions.
6. Obviously, don't take my word for it. I am nobody. Try to do your own analysis, observe the price action, check the response of the market, and take your decision accordingly
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
GRANULES INDIA--> Breakout possibility with 20% upside The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
#LALPATHLABS CMP2968 #Target 3400 #CNXPHARMA #ModiSpeech #NiftyDaily Chart
#LALPATHLABS
NSE: LALPATHLABS
Short Term Quick Profit
CMP 2968.
Target: 3400
SL : 2836
Timeframe < 45 Days
Cand hold for longer time
RALLY COMING SOON ON THIS ONE
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!
Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
