Granules India for 35%+ gainsDate: 3 Oct’24
Stock: Granules
Timeframe: Daily chart
Granules India seems to have begun its up move in Wave V of 5 which could end around 810-820 (>35% from current price of 595) as seen in the chart. High volumes and strong reversal of RSI supports this stance.
This is not a trade recommendation. Please do your own analysis.
Aisa lagata hai ki Granules India ne 5 ke Wave V mein apni badhat shuroo kar dee hai, jo 810-820 (595 kee vartamaan keemat se 35%) ke aasapaas samaapt ho sakatee hai, jaisa ki chart mein dekh sakte hain. Achhi volume aur RSI ka majaboot ulataav is rukh ka samarthan karta hai.
Yeh koi vyaapaar ki rai nahin hai. Kripya apna vishleshan khud karein.
Granulesindia
GRANULES INDIA LTDBuy above 595
All important points are marked.
𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
Short Trade setup in GranulesShort Trade Entered : Buy - GRANULES 30 May 2024 395.0 PE @ 11.15 Qty-2000
1. Today's breakdown candle confirms the break of structure.
2. The Downside range of 8 to 9% is now opened.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Many times I do paper trades when the probability of a positive trade is less than 50%.
GRANULES - Need to watch - wait for confirmationGRANULES -- All indicators are green, trading above all moving averages.
Reaching 439.5 - which is double top on the Weekly time frame.
If buyers step in to keep up the momentum, we should see 478 before any trend reversal. This is a 1.68 level and expects some retracement as per Elliott's wave theory.
Add to watchlist - wait for confirmation
Currently, CCI is also above 100 - note the same
GRANULES INDIA Swing Trade Long TradeGRANULES INDIA Swing Trade Long Trade
Buying levels 315 to 317 or 318
Stop loss below 309
1st Target 330
2nd Target 340
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
GRANULES Trend Change1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
It looks like NSE:GRANULES is ready for an up move. It's a buy with a stop at ₹280.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
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.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
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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
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!!!
Granules IndiaGranules India is uptrending stock and recently given breakout in monthly and weekly time phrame.
Still breakout levels are maintained and retesting of same is going on,this is good time to buy and as bears are not able to close price below breakout levels.
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Long term trendline breakout with high volume candle.Granules India Limited has made longterm line breakout in daily timeframe.
Nifty Pharma is also in upward momentum and this will support Granules India in up trend.
RSI is also crossing 60 level and bollinger bands are expanding.
Bollinger band are standard deviation of average price of stock and expanding Bands show there are chances of big move in stock.
On 30-09-2022, there is huge buying on this stock which indicated that big buyer has shown interest.
Stock has target which are shown in above charts based upon immediate resistance.
Traders are requested to do their own analysis before taking any trade.
This Idea is an educative initiative for new comers in markets.
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#granules breakout with volume NSE:GRANULES
first granules took support from channel and now giving breakout with volume. one can go for swing but here stop loss is quite big so go with less quantity.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.