Green Ply BullishBullish rally may continue after successful retracement
concentrate if price sustain above 246
GREENPLY trade ideas
Greenply - Long term breakoutGreenply has given a wonderful breakout on weekly charts. Positional setup available in trade
WEEKLY REVIEWLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis
GREENPLY | Looks good in daily time frame too - 15%GREENPLY | Looks good in daily time frame too - 15%
RSI Breakout
Trendline Breakout
Channel Breakout
CMP : 195 (Dip : 190)
SL : 180
Target : 220
1:3+ risk reward setup
greenply buy possibilityPrice taking support from old support level.
first target old high
initial SL below previous swing low.
RR more than 1:2.
! PA to watch.
GREENPLY INDUSTRIESGREENPLY INDUSTRIES has formed a Wolfe Wave in Daily TF. As soon as it gets activated then a good return can be generated by the stock.
Chart & Analysis
ADARSH DEY
GREENPLY | Clean breakout and retest on new demand zone | 50-60%GREENPLY | Clean breakout and retest on new demand zone - Looks potential for 50-60%
CMP : 195 (Dip : 180)
SL : 160
Target : 290
1:5+ risk reward setup
Greenply - 200 EMA support stronger than the HulkGreenply Industries took solid support along its 200 Exponential Moving Average (200 EMA).
This led to a breakout of the falling wedge pattern and is indicative of a bullish reversal.
Targets indicated on the Chart.
Long Greenply IndustriesGreenply Industries
NSE:GREENPLY
Cmp - 172
Stop - Nil, Add more on relevant dips
Expectation -
T1 - 300
T2 - Open, Review at 300
Expected Holding Period - 18 months or earlier for T1
Technicals - ✅
Fundamentals - ✅
View:- Positional/Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
GREENPLYStock has given breakout from a triangle pattern. Buy above 208 TGT 8 to 10% SL 185. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Greenply Industries aLooking Good On chart...CMP @ 204Greenply Industries aLooking Good On chart...CMP @ 204
SWING TRADE : GREENPLY1. Buy above BO 223
2. TARGET 270/300
3. SL 192
Watch for breakout and day close above breakout area.
Stock has given a good rally and now in consolidation for past few weeks.
Disclaimer: This is educational purpose only.
Please share your thoughts in the comments section below.
GREENPLY INDUSTRIES LONG A good weekly closing can be seen seen on weekly timeframe , may show 196-193 level and the same can be a good zone to buy with a strict stoploss of 181 (only on closing below the level basis), can also make a position at CMP incase if it doesn't show the 193-196 zone. if falls can go with BUY on DIP strategy till 190 level. can go for the Ultimate Target of 288 level in 5-6 month.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS.
GREENPLY BREAKOUT ABOVE 192.20 ON CLOSING BASIS WITH HIGH DELIVERY. THE RED LINES ARE POTENTIAL TARGET i.e. 203,214,226.
GreenPly - Cup & Handle Bullish price pattern supported by volumes & momentum indicators.
So
Expecting the stock to reach ard 240-250 in a month or so
GreenPly For BUYToo many reason to Buy
Buy only on break of range with high volumes
Sl can be kept below the current consolidation area of 194
Stock may retest the breakout area and give a pullback after the breakout
GREENPLYNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
rounding bottom pattern brekoutif close above 195 go for long target is 290-300
this sector is out performe in coming days focus on this guy
