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.
above 911.55 only for educational purpose not sugesstions
Price action has broken out of consolidation. One can go long with SL 715.
Inside 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
Details mentioned on chart SL - As per your comfort
Please 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 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
buy above 570 sl 540 Disc : It's not an advice to buy or sell
Highly probable to see breakout soon....
pSAR Reversal Intraday Momentum to positional Bullish wedge Long Tailed Reversal Expected: Must C > 590 with momentum View negates if CCI 34 30 < -100