GRANULES trade ideas
Trend AnalysisForming new 52wk high, showing there will be some strong resistance after which the price will rocket up.
GRANULES Daily Analysis 28 May 2020Showing resistance at Price 180
Failed attempt on 19th Feb 20 already.
Be Careful.
Price above EMA 50/200
Earnings due on 02 Jun 2020
Granules - Buy back effect??As the "Buy Back" has started, it is felt that the price may move down so that retail investors will participate in it. After 20 Jun, the price may go up.
Inverted H&S in daily chart.1. Stock has reversed from its lifetime high at 189.
2. Inv. H&S pattern (D) breakout level at 169, STP 154.10; Tg. 230.
3. Go long on retest & reversal from the zone b/w 160 (61.8 fibo.) - 165 (extension of neckline.
Stay Tuned for the NutsAnalysed levels mentioned on chart!!!
Note: Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Granules.. Bullish PenantGranules is forming a bullish penant.
buy st cmp or on dips. target 188 220 and higher . SL 153.
monthly trend is very bullish and likely wave 5 has started. i can be wrong with the waves.
Resistance. Stock might retrace to touch trendline.Resistance. Stock might retrace to touch trendline.
GRANULES INDIA Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
GRANULES - IntradayMoving in a narrow band. Stop loss is your choice. I would prefer to take delivery, in case the price falls.
Granules India - Inverted H&S Pattern - LongGranules India has Inverted Head and Shoulder Pattern.
If the Script go Past 180.75 go for Long
Target 1 - 191
Target 2 - 205
Target 3 - 215
SL - 169
Disclaimer: Kindly do your own analysis before executing the trade
GRANULES INDIA SWING IDEAGranules has broken out of a triangle pattern after contracting for a sometime. The stock has shown good relative strength and has reached near its 52 Week high.
It is above all the major Moving Averages (20,50,100,200)
A swing trade can be initiated once there is price action confirmation above the breakout and one can enter after a pullback.
Risky players can enter without waiting for a pullback but don't forget to keep a strict stop loss in place.
Indicators :
Trade as per your RR. This is not a recommendation and the post is only for learning purposes.
NSE:GRANULES
Granules India heading towards All Time HighsIf NSE:GRANULES can break through the over head supply zone of 180 to 189 levels.
This potential cup and handle pattern indicates, for a potential all time high levels.
granules india v- shape recovery more action ahead !look promising in this kind of volatile market . not corrected too much in past big down fall And recover promptly .
also Pharma sector look promising in upcoming period . so i long ! with Stop loss of 160.
Weekly RSI > 60 and CIPWeekly RSI > 60 and CIP - This stock may go up further and Price = 20 MA is the stop loss.
