GRANULES INDIA LTD
Long
Updated

Granuels looking for further breakout

Granuels is testing top of the channel one can enter with 10% of capital above 495 ( CMP 490,) if price comes down will be deploying another 20 % capital more at 480 levels with strict sl at 468 on hourly closing basis. Targets are 500, 505, 510 and 520. Should close the trade if it given 2% returns of deployed capital.
Duration 5 trading days.
Volumes are accumulating rsi nearing 58


https://www.tradingview.com/chart/q6u02xev/?symbol=NSE%3AGRANULES
Standard Disclaimer - Not a Sebi Registered analyst , consult your financial advisor before investing. Market investment are subjected to risk.
Trade active
if bought on dips at 485 level today crossed 500, profit of 3% running can start booking tomorrow. I have booked 80% and holding only 20 %.
Trade closed: target reached
505 reached

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