Gravita India Gravita India :
⚡️Price Action Explained In Steps⚡️
📌 Downward Wedge
📌 Upmove of 46 %
📌 High Volume Breakout In Trading Range
🚩Risk - Reward - 1 : 3
GRAVITA trade ideas
Target 3 (120%) achieved in Gravita India. Target 4 is ON...This is follow-up on Gravita India. Can check link to related ideas.
Target 3 achieved. More than 120%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BUY TODAY SELL TOMORROW for 4% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in GRAVITA
BUY TODAY SELL TOMORROW for 4%
Under RadarManufactures of lead,zinc and tin products. Now at a support .
If it bounce up from here then go up to 600 levels.Good quarter results.Promoter holding is 73%.
Triangle pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Long term investment idea - GRAVITA GRAVITA has broke all resistance, now sky is the limit. Good stock for long term investment.
*FOR EDUCATIONAL PURPOSE ONLY*
build up and breakout1. short term RS breakout
2. 52 wk high breakout after a build up
3. volume spurt upon breakout
4. 100 % rise prior to 15% consolidation
#Gravita CnH formed and now upside#Gravita has formed Cup and Handle and also retested the earlier breakout level.
Current Market Price is 461 and abv 470 the price may test 500/540/590 in coming weeks. Stoploss can be taken as 395 on closing basis.
Gravita has posted very good result and the stock is continuously strong with good volume.
CUP AND HANDLE BREAKOUT (GRAVITA)Logically Entry Area : 390 to 400
CMP : 417
Stoploss : 341
After 47 days trading near resistance zone stock break the level with good volume.
BUY GRAVITA On weekly charts , RSI is > 60 indicating bullishness and closed with bullish candle after retest of breakout with decent volumes. we can see cup n handle breakout too and stock is trading near its ATH. Looking good in short term
Gravita India *ONLY FOR EDUCATION PURPOSE*
TECHNICAL :-
Forming Patterns
1) cup and handle in monthly time frame for target price @730 stop lose:- @231 (handle low)
2)Rounding bottom in daily time frame for target price @570 stop lose :- @346 (as per support levels)
Fundamentals:-
1)sales :- all time high
2)profit :- all time high
3)debt:-reduce
4)promoters holding:-73%
5)P/B :- 12.71 (Too High) as per finology ticker
-In Rounding bottom pattern breakout volume is good
-Cup and handle pattern in monthly chart become so perfect because of perfect retracement and cup and handle pattern in volume also
#Share your views in comments
This recycling company is soaring high!NSE:GRAVITA
Background:
Gravita India Limited is an India-based company that is engaged in lead processing, aluminum processing, trading lead products and aluminum scrap, and dealing in turn-key lead recycling projects.
It also has forayed into plastic recycling by commissioning dedicated facilities in Senegal, Mozambique, Ghana and India.
Fundamentals:
Over the last five years, sales growth has averaged 29.5%, vs an industry avg of 20.15%
Over the last five years, earnings growth has averaged 61.58%, vs the industry avg of 41.9%
Over the last five years, the net profit margin has been 3.6%, vs the industry avg of 3.37%
Technicals:
Stock is nearing all time highs
Stock has given base breakout with high volumes
Stock is trading above 10/20/50/100/200 day moving averages
Source: tickertape.in
Disclaimer: only for research and education purposes. not a recommendation.
GRAVITA - Ichimoku Bullish Breakout Stock Name - Gravita 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 432
#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, share & subscribe for daily analysis.
Weekly breakout in GRAVITAThe picture says it all.
Clear breakout in weekly chart with strong bullish candle, with an unexpected volume burst.
Waiting for any retracement to 400 levels for entry.
GRAVITA on Breakout. BUY above 404 for Intraday gainsGRAVITA on Breakout and with good volume. BUY above 404 tomorrow (Thursday 8th December) for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage : The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
Triangle pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking profit for 1% - 2%
For long-term trades look out for resistance drawn above closing
GRAVITAGRAVITA:- Cup & Handle chart pattern breakout , Cup & handle chart pattern is bullish chart pattern.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Swing trade GravitasAs per the 4h chart the bullish candle in devloped at the support levels.
The RS indicating positive.
The RSI also indicating good strenght.
The Break out in smaller time frame.
The price at Moving avrage Support.
Entry : 371
SL : below 353
T1 : 396
T2 : 421
Gravita: Breakout ReadyThis relatively less known stock NSE:GRAVITA is showing some pretty interesting breakout ready pattern.
Reasons (Many ways you can view it)
A head-and-shoulder pattern formation near-to-breakout
Rounding Bottom formation completes since Feb'2022.
Closed above a long-term resistance line around 380.
Buy above 388, SL: 379.
GRAVITA - Ichimoku Bullish Breakout Stock Name - Gravita 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 378
#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.
Buy Today, Sell Tomorrow: GRAVITADON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in GRAVITA
Buy Today, Sell Tomorrow: GRAVITA
