Hey Traders, This is a bit riskier trader but can give good returns in short term. Enter at above 1285 and sustain. Good profit
(Analysis for Educational Purpose Only) By @Vinita_Enggr
GRINDWELL EQUITY form the Double bottom and its break previous resistance ...so its chances to reach 1300+ in shorterm
Awaiting a breakout to ride it.
Hey Traders, This is a bit riskier trader but can give good returns in short term. Enter at current Market price and target a profit of INR 100 till 1344. Keep tuned. Happy Trading
This scrip forms flag pattern and is expected to give breakout. So traders keep on your radar to catch the momentum.
Description given on Chart
Flag Pattern Closing Above 1230 with Volume can give Tgt 1400
stock gives pennants breakout also it is been retested. can look for target 1300. It is been provided for education purpose. I am also learning.
Grindwell Norton: Can go long after the breakout
Breakout on daily charts. Can buy at CMP for 10% gains SL- 5% max
A 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...
GRINDWELL CAN GIVE RETURNS UPTO 30% IF IT IS ABLE TO BREAK THE TRENDLINE
- 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
An 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.