Granules- Parallel(Downside) to Parallel(Upside)Shifted from downside parallel to upside parallel.
Will go to 430 levels in medium term if the trend continues.
Retraced 38.2% in both weekly and monthly
Note: This is for educational purpose only
GRANULES trade ideas
Granules BreakoutIt is seen that granules is giving a breakout in 2 3 days there can be seen upside movement can be bought.Sharing my idea just so that everyone can learn trend analysis
Long buy at GRANUELSGRANULES in higher low formation in monthly frame. Trend reversal is done.
50% returns at first target, First target to reach in 2-3 months
Other suggested Pharma stock are CIPLA and CADILA
Long Granules @342 | May Break the falling channel|GI is facing resistance by the trendline of a falling channel. It may be rejected below 342
Attempted few times to break but according to me this time it will break with increasing volumes. Tomorrow Laurus results will set the tone for API stocks.
Delivery % is around 41% , which is quite decent.
Stock most important accumulation area is 337-341.
Risky buyers may enter @cmp
safe buyers enter after 342 on a closing basis.
My Targets
T1 -> 348 (90% prob)
T2 -> 356 (60% prob)
T3 -> 365 (40% prob)
SL - 324
Long term investors hold till the results. It may cross 400.
Thanks.
Granules channel breakoutIt seems Granules channel breakout is about to happen.
I am just sharing my view for learning purpose.
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.
