Finally, Granuals limited share taken support from harmonic PRZ one can go for swing long as per their trade set up and stop loss as per risk appetite.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on...
Granules india, this stock has recently tooked support from good support zone area and has given breakout along with good intensity of volume in hourly time frame, trend indicator macd in daily has turned positive with uptick, same in hourly time frame macd turned positive crossover with uptick above zero line, in daily bkp has formed along with bbc in hourly time...
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 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 :)
***** 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...
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...
Entry : Only If Price Closes above 355 level
SL : 320
Tgt 1 : 400
Tgt 2 : 440
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades.
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Self-explained chart: Multiple patterns educational video
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset...
Granules India Ltd. engaged in business of Manufacturing & Selling API's (Active Pharmaceutical Ingredients) Company having good profit growth of 34.88% CAGR over last 5 years & Company's median sales growth is 19.18% of last 10 years.
On Daily chart time frame it is making a Widen Wedge pattern (Still breakout is yet to be happen) but still we can take it in our...