Stock has given breakout and retesting at support.. Doji at support.. SL 1900.. CMP 1962.. Target 2100/2300
Strong Breakout consolidation period. Good fundamentals of Company. showing strength in weak market. There is no any recommendation of trade. This is only for educational purpose only.
Volume Analysis Series Part-3 How to read volume , How to combine volume with candle and how to read sudden volume hike before taking trade.
CMP: 2081 - Corrected ~13% from its All-TIme High (2328) - Attained support near the previous breakout level (2000) - Consolidating close to the 50 EMA
Fundamentally strong stock Rejection from 20 SMA Line Good opportunity with Strict SL One can bet on it with good risk reward set up
Grindwell Norton has given box breakout. S.L.is given on the chart. Target is not decided. Above information is given for the educational purpose only. Learn more and earn more..
Grindwell : Flag Pole Breakout possibility Long above 2300 with Support at 2250
Weekly chart of Grindwell Norton, highest weekly close after 24th Jan 2022, good volumes, RSI breakout also. Above 2017 it can touch 2251 quickly, if it sustains between 1900-2000 for another 1-2 weeks then good upmove expected. Keep eyes open
CMP: 1739 - Next resistance around 1790-1800 - Multiple pocket pivots
volume profile showing huge volume movement at resistance level RSI showing Strength On weekly time frame forming pole and flag pattern. May shoot from here Only for educational purpose.
Grindwell Norton to breakout of the double bottom consolidation.
The stock made a magnificent rally in the previous cycle, after that a 260 day consolidation, now we observe a breakout from consolidation with volumes and momentum, lets see if it continues the trend?
Buying opportunity in this script since it has formed C&H pattern also announced fabulous results.
NSE:GRINDWELL One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio is 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose.
A combination of Relative Momentum indicator and Absolute Momentum Indicator . Relative Momentum is a measure of relative strength of a script compared to index or other scripts Absolute momentum is a measure of its own strength compared with its value n periods before... I use a combination of 2 absolute momentum lines of 10 & 21 ...or 21 & 52 based on my...
NSE:GRINDWELL Long on Grind well ! SL below Trendline !
buying idea for GRINDWELL chart its self is self explanatory
Grindwell has retested 1540 successfully for the 3rd time, during week ending 18-Feb-22 . But how long will it hold ? In case of weekly close below 1535, high probability of retest of 1400 ( 8-10%) downside from current levels