Disclaimer: for education purposes only and not recommended for trade NSE:GRANULES I'm using the above lines for my targets and short and long entry positions.
Holding 340 can take stock towards 375 and 390 levels. Trade type: swing Trade at your own risk.
In this we can see the inverted Cup formed ... Hoping a move in Granules today.
Positional traders: Enter after the breakout. Intraday traders: Keep the trend line as your targets.
buy above 394 1st target-425 stoploss-370
BUY at 407 Stoploss 398 Target 444 ** Consult your financial advisor before taking any entry. This is solely for personal trading purpose and is not any advise. the author is not NSE certified Practitioner and has a decade of trading experience.
Stock 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.
The stock is currently trading within a Bullish BAT and a Bullish Butterfly Pattern. Excellent confluence levels of both the patterns in marked PRZ. Awaiting for price to come within the zone and then on basis of price action, we can get a lovely long trade.