Btst GranulesAwesome Triangle breakout caught in GranulesIndia today and also took as btst. Orginal trade was Buy at 335.6 and hold till 361+ with an sl of 330.5
GRANULES trade ideas
Granules India Swing opportunityShowing signs of reversal post major beatdown after last quarter earnings release.
Also short covering is pending after month long selloff which can pump the price as well.
Stock is at a relatively high valuation but historically it has traded above current PE.
Granules for trend reversalGo long on Granules.
Near support line on M pattern
good bounce back.
go long
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 :)
#Granules cash : Looks good around 360-375#Granules cash - Positional call
09.08.2021
Looks good around 360-375
stoploss 330
Target 440/500
Cmp 380.90
Granules analysisGranules analysis posted on chart if you like the analysis hit the like and subscribe the profile.
MOVE TO ALL TIME HIGH.BUY - 383
SL BELOW - 364
TARGET - 429
Disclaimer
We are not a SEBI registered analyst. These calls are for educational and learning purposes only. NIKKUDORI5 is not responsible for any profit or loss due to your trade. Profit and loss are subject to market conditions and trader or investor sentiment. Always trade at your own risk. Please consult your SEBI registered financial advisor before trading on investing. No profit guaranteed.
Granules Stock has broken out. Retested the break out levels and moving up gain. Above 387 might touch 440 levels
Granules falling Wedge breakout Granules has corrected quite a lot and recently currently consolidating at Resistance area. It has already retested the horizontal Trend Line. The pattern looks like a falling Wedge breakout on daily chart and is ready to touch 460 soon. It has to sustain the area near 380. If not sustained, it will retest the upper TL of falling wedge and come to 340 and then give a move later.
Granules
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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.
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Granuels looks good for 15-20% RetursNeed Good Volume based Closing above 345 for
Tgt 370 400 430
SL 310
Note- Before taking any entry check/Analyze Stock at your end too, Dont follow blindly anyone
Granules India ....moving up!The stock is moving up and the RSI and MACD also indicate the up move. See chart for the targets.
AT resistance On daily TF granules forming a range bound structure now it is on resistance if there is selling pressure in market so might be stock going down upto fib level of 349.6
GRANULES INDIA may continue the uptrendThe stock has given the breakout from the flag pattern after the formation of consolidated price range. And retraced in the form of long-legged doji.
Now it may continue the uptrend.
Keep an eye on it!
Keep learning! Keep earning!
Update on my open positions - 1 Target and 1 SLjust a trade review of my open positions: SCI near SL lets see what happens let it close the 30min candle ( 4.5% SL ) also booked 7% in granules :)
Granules CMP 369 Redy to brakout TGT 397, 425 sl 365Granules CMP 369 Redy to brakout TGT 397, 425 sl 365
Clear breakout on weekly closeTrendline breakout, head and shoulder pattern, target should be 425 and 442.stoploss @355
Short Term Opportunity in GranuelsShort term long opportunity in Granules as it broken triangle pattern
Granules 1DGave a good breakout with good volume and wait for retest to enter (for safe traders).Please do your own analysis before investing
