Granuels
Date 15.09.2024
Granuels
Timeframe : Weekly
Q : Why stock fell so much ?
Ans : Granules India had a huge fall on September 12 after the USFDA inspection revealed 6 observations.
Q : What does Granules company do ?
Ans : Granules is an Indian multinational pharmaceutical manufacturing company based in Hyderabad. Granules manufactures several off-patent drugs, including Paracetamol, Ibuprofen, Metformin, Guaifenesin etc
Remarks :
1 If breaks low then don't try to catch the falling knife rather one can go short & trail.
2 If crosses Ichimoku's base line then go long & keep last week low as a stop-loss.
3 There's huge divergence in option data as well & large unwinding of orders.
4 Current PCR is at 0.50 which quite oversold, hence expected to bounce from here
Regards,
Ankur
Granuels
Timeframe : Weekly
Q : Why stock fell so much ?
Ans : Granules India had a huge fall on September 12 after the USFDA inspection revealed 6 observations.
Q : What does Granules company do ?
Ans : Granules is an Indian multinational pharmaceutical manufacturing company based in Hyderabad. Granules manufactures several off-patent drugs, including Paracetamol, Ibuprofen, Metformin, Guaifenesin etc
Remarks :
1 If breaks low then don't try to catch the falling knife rather one can go short & trail.
2 If crosses Ichimoku's base line then go long & keep last week low as a stop-loss.
3 There's huge divergence in option data as well & large unwinding of orders.
4 Current PCR is at 0.50 which quite oversold, hence expected to bounce from here
Regards,
Ankur
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.