Granules has broken weekly trendline and has also making cup and handle pattern. We can expect the price to move to 407-436-500. Other factors:
1. RSI above 60 on weekly basis
2. MACD making positive histograms
3. Highest TTM sales
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GRANULES -- 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,...
monthly chart of granules india displays an good breakout on a monthly chart with good bullish candle in previous months
good consolidation took place from year 2020-2023,kinda inverted h&s pattern
similar thing happened in history in same from 2015-2022
my targets are double and more from current cmp im keeping sl below 320 on weekly or month close
tf-1-2...
The stock initially gave a Breakout on Daily charts and is now on the verge of giving a Breakout on Weekly Charts. The stock has closed in green with good volumes and has been moving higher & higher.
Stock has Given Multiyear Resistance Breakout Of Dec 02.12.2020 With Inverse Head Shoulder Pattern Confirmation .
Buy :- 432/-
Stop Loss :- 420/-
T1 :- 450/-
T2 :- 480/-
Stock is trading in upward trend
📈 Stock Name - Granules India Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 432.
🚨 Disclaimer: This is not a Buy or Sell...
Quick fall expected from here ..only intraday or BTST move.
Expect 1-3 % fall from here. keep trailing once in profit. Enter once the fall starts and use momentum
Granules is inching towards all time high of 427 and shown a breakout on long term charts by coming out of down trend line. A big Rally is possible in coming year till the levels of 585
GRANULES is showing strength with good volumes and is moving towards a long base BO, it would be interesting to see if volumes follow when it tries to BO above 381. Watching it for now.
As you can see here Granules India chart, what does this chart show?
This chart shows us that it has given a breakout of a beautiful pattern i.e. flag and pole on a monthly time frame. As you can see on the weekly time frame, the stock had broken its nearest resistance and now it is ready to move more on the upside.
So now we can plan an entry for upside momentum,...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to...
![GRANULES: GRANULES Near BO [Weekly]](https://s3.tradingview.com/l/lnzXQWzm_mid.png "GRANULES Near BO [Weekly]")
