GRANULES trade ideas
GRANULES is Making Ascending Triangle Pattern (Breakout Trade)Granules India Limited : Pharmaceutical Company ( NSE:GRANULES ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
Keep a close watch on GRANULESNSE:GRANULES
Hi Traders,
Keep a close watch on GRANULES. It can breakout.
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* It is educational/learning purpose only...
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Granules | Bullish Harmonic Pattern | Double top Formation | 1HrBought GRANULES , Target = 379.65 bullish harmonic pattern observed as well as double top formation at all time high
expected profit = 11.70 % Stoploss = 4.39 %
Bullish engulfing candle also appeared with decent volume
Classic Example of MACD crossoverGranules India is making HH - HL pattern. Elliot wave theory implications can clearly understood. But most important is MACD crossover. This one is classic example of MACD crossover.
Educational purpose only: Granules Granules trading in a range currently near its lifetime highs if crosses 336 will give a big breakout
Granuels- A Chart with Multiple IndicationsThis chart reflects various aspects of technical analysis. Let's understand them
1. Price action perfectly shaping up for a move (Pink line reflecting behavior of price).
2. Price taking support at previous breakout levels(Resistance acting as support for the stock).
3. Price making a flag pattern too. (Draw a trendline below the already drawn one.) A trend Continuation Pattern which provides a lot of confidence to all the trend traders.
4. Volume picking up the pace as the price is trying to move up (What do u think who is making all these positions?).
5. A hammer with big tail/wyck reflecting strong interest of buyers which pushed it back up.
What else do we need before entering a trade?
Hope it will help you understand.....
Cheers and Happy Trading.
Disclaimer: I am not SEBI registered. Please trade with caution and manage your risk. Consult your financial advisor before entering into any trade.
Granules The stock is approaching the important support of 20-day simple moving average where the rising trend line meets. Since the trend is bullish, the stock is expected to bounce off near 300.
Bears tasting granulesBearish Momentum with engulf. Volume yet to confirm. Those who are holding keep it on Sell watch list
granules india longgranules india is forming higher highs and higher lows on higher timeframes and it has recently broke long term resistance;
As per fibonacci trend analysis at can touch target of 256.
cmp 214
stoploss 181
target 256.
BREAKOUT OF GRANULES WITH NEW 52 WEEK HIGHGranules second breakout with high volume. There was first breakout with high volume at 189. Entry price 225 Stop Loss 204 Target 267.
Pharma company Granulesbuy ASAP
target 259-260
sl-204
Tip: Reason behind asap buying situation is an all-time high price action
GRANULES INDIA LONG !GRANULES INDIA making day by day high with huge volumes, today it has given break out zone 220 above and sustained above closing successfully. one can accumulate
at the CMP for another 25 points up move which tends for a target of 240 &250 zone.
GRANULES - Breakout from accumulationNote: This is for educational purpose only.
There seems to be a bullish breakout post accumulation with high volume. Moreover, RSI above 65 which too indicates bullish momentum.
Granules Long Closing Above 188Granules give good 30 - 50 Points Positional once it close above 188. This is idea is just educational purpose.
Granules add in dips for short to medium termcmp 195 buy now or near 190
add in dips till 181 short to medium term Target 260
