this stock is trading in a channel.. now price is at resistance zone... look for short side if price breaks and retest for the support areas. we have support lies at 365 zone.
Symbol: GRANULES Close: 387.2 Today's Volume: 7834685 Sector: Pharmaceuticals Go Long above: 390 Stop Loss: 338 Resistance & Support: 📉 R: 394 || 402 || 413 📈 S: 376 || 364 || 357
NSE:GRANULES BSE:GRANULES NSE:GRANULES1! Granules - Based on the wave count, Granules appear bearish and expected to drop further. For Educational Purposes only
One 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...
As 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.
In the daily time frame we can see Symmetrical triangle breakout and in the weekly time frame bullishness is confirmed by MACD hook after crossover below zero. Go Long with targets as shown.
GRANULES 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...
The 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...
NSE:GRANULES Buy above 375 SL clsing below 355 T 405 430 470 520 or buy near 340-330 SL closing below 320 T 360 380 405 430 470 520
Granules are at support now, these are the levels from where stock bounced very well in the mid April. Seeing current price action, and the solid support, it looks like stocks could bounce from these levels again. Now this bounce-back would be temporary or not, i don't know as of now, the best way to trade is to start trailing once the trade starts moving in...