Granules has broken out of a triangle pattern after contracting for a sometime. The stock has shown good relative strength and has reached near its 52 Week high.
It is above all the major Moving Averages (20,50,100,200)
A swing trade can be initiated once there is price action confirmation above the breakout and one can enter after a pullback.
Risky players can enter without waiting for a pullback but don't forget to keep a strict stop loss in place.
Indicators :
Trade as per your RR. This is not a recommendation and the post is only for learning purposes. GRANULES
Not
Made exact high of 188.50 I was in it for a BTST trade and have exited. Couldn't book at my desired level of 188 targets due to zerodha server issues.
View is still valid above 188+ .Retracement towards 182 is complete and a further upside is possible once 188 is broken on 75CB.
Not
Finally after few days of sideways movement,it gave a big move today.
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.
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.