GRINDWELL trade ideas
GRINDWELL - WAIT TILL IT BREAKSA FLAG AND POLE IS IDENTIFIED IN THIS STOCK. SO ITS GOOD TO KEEP IN THE RADAR
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
GRINDWELL CAN GIVE RETURNS UPTO 30% GRINDWELL CAN GIVE RETURNS UPTO 30% IF IT IS ABLE TO BREAK THE TRENDLINE
Grindwell Norton - Strong Breakout with Triangle pattern- Huge Breakout from a consolidated range and above high
- Formation of a symmetric Triangle pattern breakout
- Supported by Huge Volume expansion
- 1020 can be a good entry level as we may get a pullback
- Can be trailed as the company is financially stable
Grindwell Norton - CMP: 998An increase in delivery volume indicates bullish price movement ahead. It has given rounding bottom breakout on the daily chart. We can expect a price target of 1045 to1080 in the near term.
Grindwell Norton. Positional long & investment stockInside bars are formed before a Sharp move.
They work when it is formed near strong resistance for upside and strong support for downside.
In this case it is formed near all time high.
This is weekly chart. Should wait for next day close
Grindwell 1D chartPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
Grindwell Norton, Breakout Trade.Grindwell Norton has formed Ascending triangle just.
This pattern gives good moves on Long Side.
Buy with as per your risk management and position Sizing with given 2 stop losses
#GRINDWELLpSAR Reversal
Intraday Momentum to positional
Bullish wedge
Long Tailed Reversal
Expected: Must C > 590 with momentum
View negates if CCI 34 30 < -100
GrindWell Norton : Buy on close above 590Gindwell norton had given breakout from 470-575 range , sustained above it and then moved back within the consolidation. Swing high of 590 (visible on chart) has been creating hurdle from last 6-8 sessions where counter did failed attempt to cross level. Bollinger Band mid line is at 580. RSI and CCI has given positive cross over but we'll wait to see close above 590.
Delivery Trader : Buy only on daily close above 590 with stop loss below 560 (daily closing) for target 675
Very short term trader : Buy on daily close above 590 with stop loss below 578 for target 615
