Granulesindia
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.
GRANULES : ON DEMAND As per One of group Member Commented Granules hits SL...
CORRECT
GRANULES HITS STOPLOSS BUT TREND IS STILL INTACT...AS PER DISCIPLINES WHO HOLD THE POSITION CAN SQAURE OFF ONLY IF TOMMOROW IT WILL trade BELOW it...and Re-enter Above 325 with again sl of 315...
For Changing Trend..granules neeed to sustain below 305...
Thank You for Comment..
Granules at support againGranules 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 your direction.
Type of Trade
Support trade, positional
GRANULES INDIA ::: BULLISH
DATE: 09 MAY 2021
INSTRUMENT: GRANULES INDIA
TREND: BUY
TIME FRAME: DAY
CMP: 347.40
BUY ABOVE: 357 - 358
STOP LOSS: 345
TGT 01: 374
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
GRANULES - Shark Pattern ProbabilityThere is a probability of shark pattern on Granule's daily chart, if unfolds, we could see quite a good move in the stock.
The said pattern is supported by the weekly chart positive price action.
And said probability is formed on a very good support that the stock has around 290- 300 levels.
The said probability would be negated below 300 levels.
Its a buy-on dip stock for me, please do your own research and trade at your own risk.