Globus Spirits - Bull rally ONADX and TTM Squeeze both indicate the upward movement is just started after 100point rally from its 52W low...will look how reliable this indicators are...Targt and stoploss in the chart
GLOBUSSPR trade ideas
Head and shouldersA correctly drawn head and shoulders. Price is currently on a downward channel, most likely price will range between two resistances. Will take a long time to breakout.
globus spirits if anyone interested in this stock than ready to invest long term only and do your own analysis before u enter it has a great support and if it breaks dont know how fall will come inthis stock but it goes from here than rally will start add aome portions after taking any support
Globus spirit showing strengthCup and Handle pattern
Bottomed before market
Good RS strength
Big green volume bars
Low risk entry
For educational purpose only
GLOBUS staring at Daily chart breakoutAt least 100 point rally expected in this counter.
At least it can go upto 1180 levels. which is also near neckline of H&S break down.
until it breaks 1300 level with substantial volume. it is considered as pull back.
GLOBUS SPIRIT at crucial levelI have drawn an arc and at present price is out of ARC. Hopefully it will not go inside the ARC again. Lot of positivity for the stock. 4th quarter was bad due to shut down of the plant in Bihar. It is now operational. Capacity enhancement, govt price benefit for broken rice and tie ups with other companies should work positive for the counter.
globus spirits head and shoulders - ready for fallThis stock has shown weakness for a long time, and now i think its ready to fall.
GLOBUS H&S on Daily chartit has formed H&S on daily chart.
1000-1100 zone going to be crucial to decide consolidation/rally/fall.
any rejections at 20DMA may bring to 1000 levels again.
this script has to be in watch mode.
globus spirits keep this in your watchlist for long term investing value stock and learn what happens with fibbonacci tool its satying abive 200ma
and 50percent perfect retracement in fibb/
in intraday closing any negitive candle before days low we can short for 10 points easily watchout 15m T/F
Good accumulation volume in last quarter, base formationGood accumulation volume in last quarter
base formation over key moving average
Breakout The stock is on verge of a breakout, entry will be confirmed after closing above resistance.
YR 2022 Idea #12: Long on GLOBUSSPR 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. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Globus spirits- Long Term BuyGood fundamentals.
SL 1400.
If SL hit, will re-enter again as per price action.
Over coming time, could be more than an yr or more, calculated price projects to about 4000.
However I will start building portfolio in this slowly.
1st tgt arnd 2500.
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
This is for a long term investment only, its not a positional or an intraday trade
Globus Spirit - India Focused playWith all the noise about Russia..Globus is a company which doesn't get hurt by the global crisis coz its fully focused on India.
Their distillation plants are growing and now beyond alcohol they are focusing on Ethanol to oil marketing companies too which helps sell out their spare capacities.
Long above 1392 with a stoploss below 1320. Globus is among the few stocks which actually had a positive week (Indicating Relative Strength)
Note: This stock is very volatile but look to catch it if it falls again too..
GLOBUS SPIRITSGLOBUSSPR is forming ascending channel pattern and it is approaching support trend line. Keep it under radar.
GLOBUS SPIRITS : ALREADY GIVEN BOI missed the Initial rally of stock , But not the bad time to accumulate at CMP, Fresh entry can be taken , if retrace accumulate more
TGT - 1950 & 2100+
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Globus Spirits Buying OpportunityGlobus Spirits Buying Opportunity with a very tight stop loss. risk to reward = 1:3, trail with SL.
Globus Spirits, Portfolio addition#GLOBUS
Fresh breakouts.
Averaged it up in my portfolio today!!
@1500
Avg price around 500 now.
Long term pick!!
#vr
Darvas Box Trading: GlobussprDarvas Box Trading: Globusspr
Detailed analysis given on the chart
NSE:GLOBUSSPR
GLOBUSSPR bearish Pattern on Weeklyit has formed evening star on weekly chart. rallied far away from 20WMA. so it seem mean reversion is happening now. it can fall upto 910 -1050 zone for support.
on daily chart we can see lower high formation. and if it starts trading below last close price. confirms it is forming lower lows.
