GRANULES trade ideas
GRANULES #BUY ABOVE 100INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 30, 2018)
GRANULES #BUY ABOVE 100
GRANULES INDIA - Intraday scalp (Short)Short below PDL, SL= 94.1
This is a scalp trade, keep small target.
GRANULES: LONG BuildUP, Weekly Cash + Fut Levels.Granules' : +2.2% when NIFTY' : -2.7%,
In DN Move Strong @ 90.60
..... levels plotted & mentioned on Chart.
POSITIONAL TRADE -"GRANULES"The stock is showing some positive breakouts on daily charts but the stock has seen some sell off on weekly charts from the levels of "RESISTANCE" (as marked in the charts)
If the stock is able to break the levels of Rs. 124- Rs. 125 then the stock can see good positive outset and may reach the levels Rs. 136- Rs. 137 being the FIRST TARGET and further if the stock gets some positive bias from the market then the stock can reach the levels of Rs. 146- Rs. 147 being the LAST TARGET, after which the stock will see some selling pressure as the stock has faced huge resistance at levels (which is depicted in the charts)
If the stock keeps on the low side then the short should be generated after the stock breaks the levels of Rs. 108- Rs. 109/- by which we may be able to see the levels of Rs. 90- Rs.92/-
"STAY CONNECTED"
Thanks,
Siddharth
Granules - N - Gann resistance @ 127-128 zone. This is for those holding longs. Might want to take longs off. Not a short reco
GRANULES INDIA LONG SETUP1. 8 Months range Breakout with huge volumes and a bullish marubozu candle.
2. Moving averages confirm the uptrend. price previously facing resistance at 20EMA, now taking support at 20 EMA
50/100 EMA cross over seen.
3. Adding levels can be between 115-120.Technical stop loss at 109 which is below the swing low. Target is open. Short term 20 EMA can be used for riding the trend since its acting as support. Also the price is moving in channel forming higher highs and higher lows - parallel trend lines drawn in red.
INVESTMENT THROUGH TECHNICAL ANALYSIS.
Granules Short...GRANULES make HH and keep watch the trend break and enter ur trade...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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Initiate a Short Trade on GranulesInitiate a Short trade on , from 111.5, SL @ 112.9, Targets (1) 109, (2) 108, (3) 107, (4) 106.45,
After completion of 1st target, revise stop to cost
Bearish Bat D88.6 on GRANULES INDIA Bearish Bat D88.6 on GRANULES INDIA Stocks
Details are on chart.
Granules Support Resistance Granules on a support / resistance level which being respected since 2015.
Expect stock to go higher once the crucial level broken.
Also a bullish divergence .
Granules IndiaGraphite Picking up from the Double bottom with a Flag pattern.
If it closes above 96.25- a move to 200MA will ensue.
Bearish Bat & Parallel Channel EngufingThere is a nice confluence of Harmonic Bat pattern and Parallel Channel. The stock has formed a bearish engulfing today showing the weakness. One can sell the stock as the details given below
Entry 91.50
SL 96.50
Target 82.5
RR ratio 1.80
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Granules - Break outNSE:GRANULES has broken above its resitance with clutter of good volume in recent times.
Go long above - 93.20
T1 - 106.20
T2 - 124.45
SL - 85.25
Granules India retracing or preparing for a reversalOnly known to future*, if this Retracement continues further its way down and gets converted to Reversal - Down Trend.
Ideally Retracements are "No New Trade Zone".
Traders who entered a LONG Position at 79 Levels would have exited at 89 Levels yesterday morning as suggested by 4th Grade Green.
*Retracement and Reversal never Predicts.
