GRANULES trade ideas
granules option selling max call and put writing on 290 and 240
so we are selling both till expiry
290 ce = 1.15
240pe =1.75
2 lacs margin
profit range = 1550 to 3100 rs
granules272 good to short ..target to 250.................................................................................................
Ride the SrengthRiding strength gives a lot of comfort and existing when it loses strength, it will also help reducing the opportunity cost
Disc : Sharing technical view and not a buy/sell recommendation. Not Holding.
breakout with good volumeTarget 1 :- 372
target 2 :- 382
Stoploss:- 320
Can enter at CMP or wait for retracement
GRANULES breakout in the weekly and daily time frameIn 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.
Buy Granules at current price @ 343 SL 317 target 403Granules is looking really good on charts . and one can see the potential of the stock to reach its ATH i.e 424 . keep stop loss on closing basis.
GRANULES Bounced off demand zone wait for breakoutGRANULES
BUY ABOVE - 319 (If sustains)
THE CHART IS SELF EXPLANATORY.
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What happens when Volume Profile Gives a Breakout Price moves due to imbalance between Demand & Supply.
Volume Profile enables you to clearly see that imbalance.
With the help of Volume Profile, you get to know the point of balance between Selling & Buying Pressure.
When that balance is disturbed, position of many people starts giving them a loss. A point comes when they can no longer tolerate their loss making trade.
That is where Short Covering takes place and pushes the price even further up.
Look at the breakout shown by Granules stock on Daily Candle. It is 21% down from its recent peak.
This breakout might give you the opportunity to get 5 to 10% return in short term and 10 to 20% return in medium term.
I will update this idea after few days.
Disclaimer: I do not hold any shares of this stock nor I plan to buy them in near future.
Strong at supportAs the pharma sector will be in focus on upcoming weeks. It's good to fish pharma scrips at their support
Bullish Divergence in Daily TFThis situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend.
Wait for the breakout of Trend line as resistance and in RSI also.
Granules a good buy with a reactionLooks like a real good buy here, wait for a reaction. Volumes have been down in this correction.
Good upward trendline support at 322, failing which, it will retest 305/295. Next target is 472 (will move quickly if it manages to cross all EMAs (all between 334-343 right now))
LONG GRANULES INDIAScript is at strong support. It is strong demand zone marked by arrows and plus harmonic.
GRANULES granules is giving very good opportunity as stock is on verge of breakout after taking support at current levels
the risk reward is very good at the said levels one should take entry for holding period of 1 to 3 months as said targets
Granules India ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near all time high.
Granules India big breakout coming 1:4 Risk rewardgranules India, this stock has taken 4 beautiful support on downside and now its time for reversal follow strict stoploss and enjoy the reward.
