GRANULES trade ideas
RSI Divergence and Falling trendline on #granulesStop loss at 151 levels with take profit at 122.5 levels from here on
GRANULES - Bearish AB=CDBearish AC=CD as well as RSI showing negative divergence. We can expect targets of 137, 135.5 & 133.5 with SL 145.5
Granules - OutperformerToday Granules has Broken Out of The Fall, Buy On Dips Strategy Can Be Used As its Outperforming Rest of Pharma Pack
Granules SHORT Dr Andrews MPL Action Reaction TechniqueThe stock has formed a beautiful MPL and Action Reaction method is suggesting that price may get reaction at this level. One can short the stock now with appropriate stop loss and can expect the price range 116 - 114. RSI is coming out of Overbought zone confirming the potential short.
granulesonce price closes above 136.5 we can see fast upmove till 150.
buy above 136.5 sl 135 target 1550, 165
GRANULESGRANULES formed inverted h&s at current level now need to see its going to break or reverse from that level.
short the stock as we can see gap down in the stock prices and price below 8 ema and bearish divergence there that is indicator making higher highs and price making higher lows there
Long GranulesTook major support at monthly trend line and now breaking out of downward trend. May go to 125-130
