Green ply Ind. showing a Better Swing Idea for upcoming time
Note: This analysis is for educational purposes only and should not be considered as financial advice. I am not a SEBI registered analyst. Greenply, a stock that has been facing resistance since December 2022, recently broke out of a rectangle pattern on 5th May with significant volume. After the breakout, the price has moved up and is now approaching a retest...
GREENPLY | Channel breakout ahead for 75% rally CMP : 163 SL : 140 Target : 280 1:5+ risk reward setup
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...
1. Fresh Breakout 2. 4 months consolidation 3. Volume is rising with rise in price 4. Breakout confirmed with 3rd attempt of breakout 5. Risk to reward is 1:4+ 6. Trend is bullish
Stage 2 BO (Daily & Weekly) #GREENPLY - Coming out of Stage 1 Base - Big Volume on BO - Bullish RSI - Facing 200 EMA as resistance
BUY - GREENPLY INDUSTRIES CMP - Rs. 144 Target - 1: Rs. 210 Target - 2: Rs. 270 Target - 3: Rs. 320 . . Technicals - Double Bottom Pattern . This is just a view by an expert analyst, please trade at your own risk. . Follow me for more!
GREENPLY | Channel breakout - Looks potential for a swing CMP : 145 SL : 140 Target : 165 Almost 1:4 risk reward setup
GREENPLY | Healthy Breakout in Daily time frame - Looks potential for 18-20% in short term CMP : 190 (Dip : 185) SL : 175 Target : 225 1:3 risk reward setup
GreenPly - Breakout post consolidation Target -210 SL - 180
Head and shoulder Be cautious with a close below 163 Looks weak as bounces are getting shorter
Stock has been in Up Trend now its forming a Inverse Head & Shoulders in DTF. CAN ENTER AT OR ABOVE 230 SL BELOW RIGHT SHOULDER Take profit 50% at 270 and let remaining ridet to ATH
Greenply Indus Stock given trend line breakout on daily chart with good price & volume breakout & now trading at Resistance zone Buy at CMP or above 225/227 levels for short term targets of 240-250 levels Also can be hold for positional targets of 300 levels in 1year view. ---- Note: Above levels are for education purposes only Do your own analysis before...
Looking good at CMP for target of 255. It is for an education purpose
I will buy GREENPLY because : The price has broken the resistance It showed a good move upwards before breaking Resistance. The price is now at support the resistance may act as SUPPORT. Entry : 229/240 Target : 300 Stop loss : 213
Hi Traders / Investors , This is a Swing / Positional Trade. I can see a bullish momentum can happen in Greenply Industries because of :- 1) Rounding bottom pattern got breakout and came for a retest at prior resistance level now acting as a support. 2) As per Fibonacci , it is taking support at 0.382 level which is healthy retracement and strong support zone. 3)...
These stocks are getting ready for break out. Consult your financial advisor before investing.