GRANULES trade ideas
Granules India - Potential Breakout?Granules India
The two green candles out of last 4 candles have good volume but both have wick on top.
Stochastic and RSI are as per rules.
Buy can be initiated only after 325 levels for Rs 10 move.
A lot depends on bar and volume in the coming days.
One good point is support at 9 EMA is being held so breakout can be expected.
GRANULES INDIA, NSE, 1D CHART WITH Elliott IMPULSE wave ANALYSISGRANULES INDIA, NSE CURRENTLY IN ITS WAVE 3 AS PER THE ELLIOTT IMPULSE WAVE ANALYSIS IS SUGGESTING. WAVE 3 IS IDEALY 161.8% OF WAVE 1, EXACTLY THE SAME WAY THE CHART HAS BEEN PLOTTED. WAVE-4 & WAVE-5 WILL HELP TO PUT STOP LOSS AND TARGET FOR FUTURE DAY.
GRANUALES BUY ABOVE 303 & SELL BELOW 278ONLY EDUCATION PURPOSE PLEASE TRADE WITH YOUR OWN RISK.
BUY ABOVE 303 IF SUSTAIN
SELL BELOW 278IF SUSTAIN
PLEASE PROVIDE YOUR VALUABLE FEEDBACK'S FOR BATTER IMPROVEMENT.
THANKS,
SURYA
Granules India | BUYThe Indian Pharmaceutical space is on a strong upward momentum with stock breaking out above ATH and continuing the strong upward rally. The stock seems to be a good buy in the range of Rs 252 for target Rs 282
Long @ 222I have positions from lower levels
Added more today.
Break of daily level, ATH with strong daily candle.
Granules - Breakout CandidateStock Has been resisting 175-180 zone , since late Feb 2020.
Now stock is again trading near those levels, hence any decisive breakout can take stock 220 -240 levels.
The said view will be negated below 145 levels.
