Granulesindia
Granules India Limited: A Promising Stock with Strong Earnings GRANULES INDIA SHARE BUY NOW ON 288 SELL AFTER ATLEAST PROFIT OF 28 % ITS A INVESTMENT RECOS
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Granules India Limited is a pharmaceutical company that offers a wide range of products and services. The company has a robust business model, with a strong focus on research and development, which allows it to stay ahead of the competition. Additionally, the company's products are in high demand, as the pharmaceutical industry is growing rapidly. The company has also been consistently reporting strong earnings, which is a positive indicator of its financial health. Overall, Granules India Limited is a promising stock with strong earnings potential and a positive outlook in the pharmaceutical industry, making it a smart investment opportunity.
Granules (Swing):Granules (Swing):
Granules is getting set for a 50-75 % up move.
The chart is testing the strong supply zone with pronounced buy volumes.
Keep adding in chunks at the current level or on any dips if possible.
Appropriate support and resistance levels are highlighted with target.
Time to attain the target can be over 6-9 months.
Note: Do your own due diligence before taking any action. (Swing):
Granules India Ltd Trend AnalysisOne of the global leaders in manufacturing and selling of Active Pharma Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs) and Finished Dosages.
Fundamentally sound with good ROCE & ROE of around 19%
Available at fair value with a forward PE of approx 7.5 whereas Sector PE is at 25.5
Debt to Equity is 0.40 due to capacity expansion.
Highest ever operating profit in FY 2022-23
Technically price is near trendline support, expecting break of trendline support towards 250 levels according to the falling wedge pattern highlighted.
Accumulate around 250 levels in the green zone for the following targets:
Short term target @ 400 (60% ROI with 6:1 R:R)
Mid term target @ 525 (110% ROI with 11:1 R:R)
Long term target @ 650 (160% ROI with 16:1 R:R)
Stop Loss below 225 (Optional)
Do your own due diligence before taking any action.
Peace!!
Granules Buy Idea 16 May 2023As per my analysis 297.75 is resistance for $NSE:GRANULES. If any 45min candle closed above level of 297.75, we can make buy entry at 298 with stop loss of 290 (only 08 points).
My expected upside target would be 304 & 318. This could be a low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
GRANULES Bounced off demand zone wait for breakoutGRANULES
BUY ABOVE - 319 (If sustains)
THE CHART IS SELF EXPLANATORY.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
GRANULES - Support Trade/PyramidingThe stock has been consolidating on the monthly chart for quite some time and currently, it is trading at the support line of the range, hence it could be a good time to enter into the stock from both a trading and investment perspective
For trading, one can book profit near the upper end of the monthly range or according to personalized trading strategy or trail till stop loss trigger.
For Investment - since the stock structure still looks bullish, it could be a good idea to add more at a valued price.
This post if purely for educational purposes, please do your own analysis before trading and investing in the stock market
Short GRANULES - Weekly Swing TradeShort GRANULES - 323
Stop Loss - 333
Take Profit - 303
Hold for about a week, close out in 3-4 days if trade goes in your favour and price has started idling.
If price has moved against you, but has not hit SL, leave the trade open unless you need the cash for another trade.