Granules india granules india share elliot wave analysis monthly chart complet 1,2,3,4,5 and corrction start wave a,b,c
GRANULES trade ideas
GranulesBuy Granules @ 293 Target will be 320 + 330 +
stock moving from bottom out to upside , good time to buy and hold.
HS-SwingTrade
FOR EDUCATIONAL PURPOSES ONLY
#
Looks Bullish Above : 293
Weak if close below : 285
Targets : 311 & 331
Take advice from your financial advisor before investment.
GRANULES buy trade on expectation of rally base rallyGRANULES looks a good buy as bull flag break out happening in Daily chart with decent Volume, so a Rally-Base-Rally is expected in this stock. The stock can give a target of 399 and 448 with stoploss of 310. CMP 344. Time for the trade to go first target 15 days and second target 30-45 days.
GRANULES SHORT OPPERTUNITY THROUGH MULTITIME FRAME ANALYSISThis is Weekly Income Trade(WIT) .In multi time frame analysis weekly time frame trend is down and daily trend is down
So take short at-326.65
SL-331.45
TGT-313.20
Granules Daily analysis Buy CMP 335 targets - 360- 380- 400-Granules Daily analysis
Buy CMP 335
targets - 360- 380- 400- 437- 500-550+
SL below 295 Candle closing Basis
Short term Traders SL 318 candle closing basis
Possible Long Trade in GRANULESHi All
My analysis is based on wave trend oscillator and fibnocci retracement. In the Above chart as per analysis wavetrend crossover happened below over sold zone. as for retracement wait for price rejection at 0.382 or 0.236. if 1 hr candle closes above 0.236 then analysis is void. if price rejects this level then enter long trade.
This idea is for informational purpose only not a trading idea
Trade Details for hedging
(December Series )
GRANULES FUT buy at - 331 to 333
GRANULES 330 PE buy at - 8 to 9 Rs
Target 346 in cash
stoploss close below 328 in cash
GRANULES - AnalysisThe key levels for GRANULES are as follows.
Entry : 338
Stop-Loss : 303
Target : 381
Granules India: BULLISHThe stock looks bullish in short term and offers a small trade for long due to following reasons:
1) The stock is rebounding from a demand zone from which it gave a strong rally
2) RSI Divergence is also in formation
The stock may go up to the marked supply zone at which we also see significant price action.
Only for educational purposes.
Granules India: A descending triangle formation is formedA nice descending triangle formation is created in NSE:GRANULES .
Potentially price can break out or break down in any direction.
Trade: Buy above 365, SL: 355, T: 372/381
Sell below 355, SL: 360, T: 348/340
Bullish flag breakout seen at granules As we can see in the weekly basis and monthly basis, we got a breakout with potential retracing at weekly and daily basis
longgranules india is trying to break out for short term if it stops at 351 today then it may cross 500 in few days.
GRANULES INDIA BREAKOUT TREND 372.65GRANULES INDIA Current Closing Price 372.65. shares of Granules India are in continuous uptrend. A recent side ways move seems ending up with TrendLine0 breakout qualifying a stock price to reach at least all time high line of TrendLine1 at 437.00 around. Keep Watch. Always a strict stop loss to be maintained to avoid big losses.
GRANULES INDIA TARGET 438GRANULES INDIA monthly falling wedge breakout and good retracement. Monthly closing is bullish. If double bottom breakout , it will reach 438. if it opens above 372 and sustain above 382. stop loss 345
GRANULES BREAKOUTGranules is looking strong on weekly chart by breaking falling trendline resistance and gives a close on above that trendline so we can see coming bullishness in this stock.
CAUSE OF LONG-:
1- Breaking falling trendline resistance.
Granules - Likely breakoutPRICE ANALYSIS
Price is currently trading at current year high
price has formed clean trend
price is currently squeezed
the overall structure looks like a round bottom. breakout could give a potentially good results in long term
price has taken support at PEMA and pema is stacked and sloped with a 45 degree angle.
the breakout candle has a large range which is ideal for breakout.
VOLUME ANALYSIS
the volume is significantly smaller than the previous breakout.(4 month consolidation breakout)
the volume of the breakout candle is very high which is good sign of breakout
the volume of the rejection candle is significant when compared to breakout candle
PIVOT ANALYSIS
there are multiple pivot resistances from 366 to 371.
the pivot analysis for upcoming month is highly bullish as of now. yet to be confirmed on the last print of 31st October.
CONCLUSION
overall Granules is coiled for breakout. However, the multiple resistances at 371 range could pose a barrier for breakout and could show some rejection. Nevertheless, any pullback or breakout of pivot levels would be a great buying opportunity.
Short Term Pick ✌✌This scrip has been choosen for short Term pick as it had given Good result as well as it had given good technical Breakout. So traders kindly add this stock to watchlist and try to capture the momentum. Thanks to all 🙏🙏🙏
Breakout in granulesGranules I already posted a chart on it
At price of 348 now it's 369 its big breakout
In weekly timeframe with good volume
GRANULES - Ichimoku Bullish Breakout Stock Name - Granules India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 371
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
GRANULES INDIA
Coming out of cup and handle pattern after good consolidation.
With pharma sector nicely poised , this stock looks good.
Granules Expecting Big move from Here 30% upsideTrendline & Resistance Breakout
Expecting Big move from here
Above 405-410 Big Rally
Key Points:-
Try to Book Profit Near resistance
Enter in trade near retracement or above Previous day high
Follow Stoploss on Weekly Closing Basis
