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RK_Charts
Oct 2, 2021 1:34 PM

GRANULES INDIA Long

GRANULES INDIANSE

Description

Granules india, this stock has recently tooked support from good support zone area and has given breakout along with good intensity of volume in hourly time frame, trend indicator macd in daily has turned positive with uptick, same in hourly time frame macd turned positive crossover with uptick above zero line, in daily bkp has formed along with bbc in hourly time frame, with positive ungali setup. one can go long at current levels or in dips ( if any ), stoploss and targets are mentioned in chart.

breakout with good intensity of volume

tooked support from support zone area

key levels are mentioned on chart

macd in daily positive crossover and uptick

macd in hourly positive crossover, uptick and above zero line

rsi in hourly positive uptick

bkp in daily

bbc in hourly

dmi adx positive


Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing

Comments
nvs_yashwanth
Can think of entering @325. Wait for a pullback. Good for a small target of 1% within a week.
Note: 1% is not small. If one aims 1% a week, that's 4% a month, which is about 50% a year. Trading this way is the key to earning consistent profits
RK_Charts
@nvs_yashwanth, Yes thats Good
tanmoyg112
Sir I have bought granules 370 ce at 9 rs and I am 5rappee into that..It closed at 6.4 around and I am in huge loss. Kindly suggest should I exit or hold ? Any possibility to recover my loss?
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