GRANULES trade ideas
GRANULES is consolidatingBreakout may be either any side running in a channel. Possibility of a breakout in the upward side.
Granules - W Pattern.W Pattern.
Double Bottom Break Out.
Above 21 EMA.
Risk Reward Favourable.
Positional View For Educational Purpose Only.
Other Details Mentioned In Chart.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
GRANULES #BUY ABOVE 101INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 2nd, 2018)
GRANULES #BUY ABOVE 101
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.
