Granules channel breakoutIt seems Granules channel breakout is about to happen.
I am just sharing my view for learning purpose.
GRANULES trade ideas
Granules: longGranules near a trendline resistance. Can wait till it breaks or can add here in dips with keeping 295 as stop loss. If it can break this then can easily move upwards
Granules @ Breakout LevelThis stock is circulating in between two trend lines as shown in chart. If the minor trendline is tested tomorrow and if we get a conformation in volume, we can enter in it. Stop Loss should be placed according to your risk appetitive and target is what chart shows :) .Let me add some commonsense to it. Granules is Pharmaceutical company. Covid cases are rising . Rest you know.
Cup And Handle Forming in 15 min time frame.Cup And Handle Forming in 15 min time frame.
Please have a look on this stock.
Note:Do your analysis before buying.
Two Paths for GRANULES INDIA !NSE:GRANULES working inside a corrective pattern and seems to have more downside left.
Well, Path 1 in the chart drawn is highly probable if buying demand at the level is very high but we can not undermine Path 2 which might be alternate path but less probable.
Which one would you choose?
PATH 1
or
PATH 2
Granules - 341.35Granules- CMP 341.35. It has formed cup and handle break out pattern with good volumes. It can go up to 364, 380.5 with a sl of 317. This is for educational purpose only and needs to consult your financial adviser before taking any investment decision.
Granules Bullish ViewFalling Wedge Breakout In Daily with exceptional volume and strong candle spread.
Eye on breakoutNice bullish consolidation. Waiting for the breakout to happen before venturing in. Maintain SL
long on GRANULES(If over all market is positive (i.e. No Panic))NSE:GRANULES
Long on Granules. It has taken support an area of value.
Note: Do your own analysis before investing and this is only for educational purposes.
GRANULES LONGGranules,1DTF, It has clearly formed pole & Flag pattern and it seems that . ready for breakout from flag pattern very shortly. will one expected considerable returns once breakout will happened.
GRANULES-LONGGRANULES is looking bullish in coming week but be cautious about market movement.
Disclaimer - Only for educational purpose.
Granules - DaILY TIME frame Analysis CMP 322.5 Holding period 1Granules - DaILY TIME frame Analysis CMP 322.5
Holding period 1 month
buy @ 315-320 for Target 342- 364- 395- 425- 446- 480+
Sl below 290
Granules Cmp 332.50 dated 6.4.2021Granules Cmp 332.50 dated 6.4.2021
breakout above 335, volume high
RSI divergence
Buy above 335 tgt of 350-360-375 sl 310.
It is just a view pls trade at your own risk.
GRANUELSNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
GRANULES: Ready for a deep dive?Maybe I am seeing things the way I've drawn them, but it looks like GRANULES has broken below a trend line around 330. It has had a phenomenal run once it broke out above 135 and hit life time high of 438. But the H&S pattern at the end of an uptrend is a stronger pattern as AbhishekSinghCMT has taught us. Look at the recent increased volumes also which support this. Now if this theory about H&S pattern is true, we are looking at a drop all the way to 208 levels! Scary huh?
cRSI is showing an uptick at the bottom but a stock may remain oversold for days. This view will be negated once it breaks up into the channel again above 333 levels on EOD basis. If it does, I wonder if we see 370 levels again.
Trading is a WHAT-IF business. This is just an idea I am contemplating. This is a cash only stock with no FNO space.
