Granules India Limited : Pharmaceutical Company ( NSE:GRANULES ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this...
Granules India Limited : Pharmaceutical Company ( NSE:GRANULES ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this...
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
GRANULES 344.30 :Closing 102.25:TradingDesk #GHCWeekendNews
Breaking out now after a consolidation at life time highs
Possible breakout watch out for 335 see in charts
Granules trading in a range currently near its lifetime highs if crosses 336 will give a big breakout
Granules formed falling wedge, which is a bullish pattern for long
The stock is approaching the important support of 20-day simple moving average where the rising trend line meets. Since the trend is bullish, the stock is expected to bounce off near 300.
GRANULES INDIA making day by day high with huge volumes, today it has given break out zone 220 above and sustained above closing successfully. one can accumulate at the CMP for another 25 points up move which tends for a target of 240 &250 zone.
Note: This is for educational purpose only. There seems to be a bullish breakout post accumulation with high volume. Moreover, RSI above 65 which too indicates bullish momentum.
cmp 195 buy now or near 190 add in dips till 181 short to medium term Target 260
There is a head and shoulder patter emerging on the hourly chart. Short at CMP SL: 212.5 T1: 200 after target one, trail the stop loss to the price and bring risk to 0. T2: book profit.
Showing resistance at Price 180 Failed attempt on 19th Feb 20 already. Be Careful. Price above EMA 50/200 Earnings due on 02 Jun 2020
Resistance. Stock might retrace to touch trendline.
Granules has broken out of a triangle pattern after contracting for a sometime. The stock has shown good relative strength and has reached near its 52 Week high. It is above all the major Moving Averages (20,50,100,200) A swing trade can be initiated once there is price action confirmation above the breakout and one can enter after a pullback. Risky players...