GRANULES trade ideas
GRANULES - shall we expect the reversal??Fundamentals are highly supportive. Once, the price of Paracetamol API starts increasing, think of the price levels. Comments are welcome for value addition.
Next Move I am still Looking for Correction in it , Currently its attempting to Make Flag Pattern ,
One can Look to trade in this short distance or Let it Go wait for this entire move to complete then You can take
decision on reversal
Good luck
Granules --- Breakout PossibleIt is currently at the resistance. If it breaks out, it could give 365. Wait for it to close above resistance line.
GranulesStock has already broke down an important support.
Till trading below 313 remain cautious on this one.
Keep n eye.
Granules - Below 200EMAAnother pharma stock which has fallen below its 200EMA and needs to bounce tomorrow else it could fall till atleast 284.
There are rumours in the market of the promoter wanting to sell the company at a billion $ valuation and around 284 would be that price.
Caution if you already own it..Again because of the rumour it wouldnt to wise to short it but to look to buy it at a lower level..
Granules: Long Position: Short Term Trend SwitchShort Term transition of trend from Bearish to Bullish,
Granuals India - High probable swing tradeI am a swing trader and here taking my long position and holding strong at level 332 - 335.
Stock is taking consistently support on the 317-319 support zone and gives a strong bounce back.
Looking to add more at support levels.
Please consult your advisor before taking any position. This is just for educational purposes.
Granules India Short Term BreakoutPullback (last kiss) after breakout with good volumes. Can show good up swings in couple of months.
Granules short term sell signalGraules is generating sell signal. Importent levels are 346, 341, 326 marked in graph.
buy granules !!the stock broke out from its triangle formation.
there after tested resistance and fell back.
can now be accumulated from loweer levels for decent gains
positional--- Granules Long...Above 369(or above todays high)
BO of Trendline
Very good volumes
Support at 325-310
weak below 300
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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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Breakout in Granules IndiaA clean breakout has occured in Granules along with nice volumes. I will wait for the retracement and look for buying opportunities.
Granules India Redline is my stop loss and the blackline is my target.
I will enter it tomorrow If it breaks today's high and keeps it sustain, Then
.
.
Do your analysis before taking any action and take responsibility for your action.
GRANULES INDIA - BREAKING OUT OF DOWNTREND?Targets: 373, 404, 438
Use appropriate quantity and risk-reward ratio.
Always use a stop loss.
Always risk a maximum of 1-2% of your capital.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Granules India, Channel breakout on daily chartGranules India, Channel breakout on daily chart
Excellent candidate for swing and positional trading.
*** Purely personal analysis ***
Investment in securities is subject to market risks. Kindly consult your financial advisor before investment
GranulesBuy at 330-332 Support Zone.
Target upto 370, 420.
SL 300
Note: Only for Educational and Self Tracking.
Granuels India - Final Waves Unfolding from 2008/2009 Bottoms• Final Waves could be unfolding for the sequence which started from 2008/2009 bottoms post
financial crisis
• Suggesting Corrective Flat Sequence WXY from 2008/2009 Bottoms till it moves slowly & in time
consuming pattern – taking this as primary or main view.
• Wedge or Diagonals are Time consuming patterns which can be a possibility once more price details
are available
• Alternate Scenario / view-
If Stock moves vertical above 600-700 zone that could be early signal that it has potential for
bigger moves later but failing to cross the suggested zone will also call markets participants to be
cautious at the new highs
• Short Term Trading
Buy in 300-325 zone with stops below 280 for Target 1- 375/380 & Above 380 for Target 2-
450/500+ or Buy Above 380 if fails to drop in 300-325 zone.
• Long Term Trading
Once stock has new highs possibly in 600-700 zone & fails to move further or consuming lot of
time then participants have to be careful & review would be required at later stage.
*** Avoid Taking Long Positions if stock falls below 280 levels ***
Thanks & Best Wishes
