Stock is in consolidation after an up trend
Breakout from consolidation can take stock to higher levels
Bullish engulfing in the last candle stick indicate possible breakout move
RSI above 60 and rising
Above EMA 40
Volume accumulation
GRPLTD:- The stock has given a breakout forming a rounding bottom pattern and is consolidating at its resistance, keep an eye on the stock
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...
Rounding pattern is formed, wait for breakout, stock is taking support at 2665, keep your eye on the stock
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...
GRPLTD:- If the stock gives breakout and sustains around 2350 then upside move is possible, it is consolidating at one place since last 3 days, chances of going upside are high, keep your eyes on it.
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...
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
NSE:GRPLTD BSE:GRPLTD
Time Frame – Monthly
Observations :-
*Channel Breakout done in July month
*ATH breakout above 2020 (BSE price)
*Good consolidation going on after channel breakout
*Form inside candles on monthly chart
*On weekly chart it is consolidating in 1921 – 1589 forming flag & pole pattern
Resistance – No major resistance seen above...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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...
Recently we can see a Cup and candle Formation(5 years), and this week, cup and handle pattern broken with maruboze candle which is supported by good volume.
supporting this pattern , now its all time also broken and formed new high of 1914.70.
For the further upside movement its should break 1915 properly in a weekly chart, then is can go till 2840 range at the...
GRP Ltd:1388 is another rubber industry stock is up trending, and trading at support level.
A fundamentally sound stock, seems to be highly undervalued, and worth' investing at current level.
Res:1480_1620 STOP:1340
