GRANULES INDIA LTD stock forum
GRANULES Today's breakdown candle confirms a downside trade range of 9 to 10%.
Now, I plan for a short trade and try to catch a move of 5 to 6% with a stop loss of 1%.
GRANULES # Breakdown of Descending Triangle Pattern
# Breakdown Candle - Hammer
# Trend - Confirmation Needed
GRANULES Delivery Buy GRANULES Above 428 Stop Loss 400 Targets 450-465GRANULES The degree and nature of separation of multi moving averages shows a strong uptrend. From these levels we could see the levels of 385 which is 6% from the level of 365.
GRANULES The short term group of ema's shows some contraction in ema's indicates a pause in the uptrend. The price will resume its trend on the breakout of 365. It could be a good opportunity for a fresh entry in the demand zone of 345 to 350 with a stoploss level 335.
GRANULES The price is rising with a strong momentum. Soon we will see the levels of 366.
GRANULES intradayBuy Granules above 303 sl 299 tgt 306 - 309