Grindwell Norton had given a breakout. Today it has retested the breakout level. Low risk high reward entry
This scrip is being traded between support and resistance for psst 5 months. It had now bounced back from the 21MA and i expect a moderate bullish move in this scrip in coming days. I prefer first target as resistance and msy take fresh position after the breakout.
range breakout & horizontal line braekout only for educational purpose not suggestion
BUY grindwell 1360-1380 first target 1420 2nd target 1500 sl 1330 volume supportable and it break the previous high i can see the upmove ..
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