Flag and pole GRANULES breaking out of a channel on weekly tf and creating a flag and pole pattern.
Enter above the level of 365 with good volumes.
Target 1- 400
Target 2- 440
Stoploss- 330
GRANULES trade ideas
GRANULES NSE:GRANULES
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Bull counter attack in Granules IndiaGranules India has maintained support of 340 price level after breakout.
As identified in chart, Bull has made counter attack the bear candle.
RSI is also increase by taking support of 60 levels,this shows stock is still in bullish momentum.
If volume is consider, current candle has above average volume.
Target of 395 can be achieved in upcoming days.
Traders are requested to do their own analysis before taking actual trade.
Happy Trading!!!
GranulesGranules is doing sideway consolidation in long term parallel channel since 2007
bottom formation at the red box could be good level for entry
GRANULES - 25% upside potentialGranules has give inverted head and shoulder breakout with good volumes.
Breakout level:325 to 330
Target 1: 355+
Target 2: 415 +
View: 1 to 2 months
SL: Daily candle close below 325 levels.
Retest: GranulesAfter the breakout trade, here is the retest, giving a chance for investors to enter the stock.
Granules IndiaGranules India is uptrending stock and recently given breakout in monthly and weekly time phrame.
Still breakout levels are maintained and retesting of same is going on,this is good time to buy and as bears are not able to close price below breakout levels.
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GRANULES TL BO !!NSE:GRANULES
#NSE:GRANULES trading @ 1 year old TL and with the volumes showing may expect BO,
May show good momentum if sustain above the TL.
Trade Plan : Granules 03 Oct 2022 OnwardsLevels as mentioned on the chart
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
3 Good trades and Index Ideas for 3 October markets I daily make educational content videos for financial markets
Breakout in GRANULES!A good channel breakout has happened in Granules and can be a good opportunity to go long, SL- below 290 Target- Above Levels.
Kindly do your own analysis and then only plan your trade.
Inverse Head and Shoulder in GranulesChart -> GRANULES Weekly
Despite heavy volatility around all markets, Granules was able to sustain! And market showed a slight relief, it is the first breakout with an inverse head and shoulder pattern.
CMP: 345
Targets: 403, 435
SL: 305, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Bullish signs on the chartThe stock has given an inverted head and shoulder pattern breakout and now testing it's 2 year old trendline.
On weekly chart it's making a flag pattern.
If it gives a breakout and sustains we can expect a good upmove here.
Buy above 347 level (carry on day closing basis) for positional targets of 361, 374 and 395.
Learn & earn,
Dr. Tanya Kumar
#Granules facing weekly trend line resistance, can it breakout?As per weekly chart #Granules is bullish but its near falling trend line resistance which I have highlighted with circles. Now if it can break and sustain above 350 then it can give move till 360/393/438 which are FIB resistance zones. My weekly ADX +DI is also looking good and if it cross above 25 then sudden burst of momentum can achieve above mentioned targets. Till now weekly +DI was not able to cross 25 zone since Jan'22, so keep eyes open on this counter for swing trades.
Happy earning
Trendline Breakout : GranulesNSE:GRANULES has broken the Downward sloping trendline and managed to close above it in Upward Direction with heavy volumes. Targets for the same will be the previous peaks of the trendline.
* It is my analysis and no recommendation to buy or sell
Granules Bullish TrendGranules Seems long term channel breakout and trading above price engagement area
concentrate if price sustain above 345 in daily
Granules indiaThis is only for education purpose only. Please check your own analysis before you take a trade
Long term trendline breakout with high volume candle.Granules India Limited has made longterm line breakout in daily timeframe.
Nifty Pharma is also in upward momentum and this will support Granules India in up trend.
RSI is also crossing 60 level and bollinger bands are expanding.
Bollinger band are standard deviation of average price of stock and expanding Bands show there are chances of big move in stock.
On 30-09-2022, there is huge buying on this stock which indicated that big buyer has shown interest.
Stock has target which are shown in above charts based upon immediate resistance.
Traders are requested to do their own analysis before taking any trade.
This Idea is an educative initiative for new comers in markets.
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Granules long opportunityNSE:GRANULES
Stock -> Granules
TimeFrame -> Weekly
Hello all!
Granules has been forming a flag and pole pattern.
It finally broke out of the flag in the last week of September with heavy volumes and I believe this generates a good opportunity to go long!
There are multiple other factors that strengthen my conviction on going long
-The stock is taking support from its 50-week EMA
-Stock has support from both 50 and 200-day EMA
-Flag breakout occurred after a strong bounceback from the Fibonacci golden zone.
The Risk to Reward ratio is also decent.
*NOT A CALL*
Disclaimer: Markets have been behaving a bit jittery. Hence it's advisable to trade with a smaller quantity than usual and maintain a strict stop loss.
#granules #nifty #technicalanalysis #swingtrading #ema #fibonacci #poleandflag #markets #trading #investing
Downward Parallel Channel Breakout at GRANULESDownward Parallel Channel #Breakout at #GRANULES (Granules India Ltd) Weekly Chart. Soon its start #Outperformed #Nifty.
BSE: 532482 / NSE : GRANULES
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Long for target of 435+ Granules India has formed three drives and Flag pattern on the Monthly and weekly charts. Looks good for going Long for minimal target of 435+ and if it breaches and closes above this then we can see target for 500+
Granules channel breakout #granules
Gave a very good close on weekly and a strong candle.
Can buy in dips with sl of 300.
#vr
