GRAVITA trade ideas
Gravita @ 435Gravita has been my top pick since pandamic. It has always performed the way a stock should in bull market buy on dips as a strategy.
Range Bound - 300 to 340 has been its range.
Supply range - 340 -345 being a range where it is getting resistance from.
200 DMA - stock is trading above 200 Day moving average which is a healthy sign.
Morning star - pattern at the lower end of the range can be seen or determined as morning star with bullish engulfing candle formation a bullish reversal can be seen.
Targets
break Out levels : sustaining above 342-345 i.e formation of 2 candle for probable will give big BO.
Fibo levels. - if we plot fibe levels we can see targets of 369, 411 visible in short to medium term.
Stop loss; if stock closes below 300 its time to be out of it.
Disclaimer : views are not the recomendation please take advisers view before placing position.
GravitaThis stock has given good breakout from decending parallel channel with good intensity of volume, also positive divergences in RSI and Macd signaled on daily time frame before breakout. RK's mass psychological Cloud buy activated and RK's buy signal activated, Rsi breakout also making scenario more powerful, adx showing good strength along with positive Dmi, Overall looking good to go long, with respected levels.
Breakout along with good intensity of volume
Positive divergence in macd
Positive divergence in RSI
RK's mass psychological Cloud buy activated along with breakout also along with buy signal
Macd in daily positive crossover and Uptick and also above zero line
Macd in weekly uptick now
Breakout in RSI of daily time frame
Price challenging upper bollinger band
Dmi adx also positive on daily time frame
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
GRAVITA INDIA LTDThe stock gives a Multiyear Breakout . The Price moves Ups and Downs in Strong Support and resistance zone it has been break it well and waiting for a Retest and price give a up movement .
This breaks a 10 year S&R Level ..
GRAVITA NSE BULLISH ABOVE 205GRAVITA NSE is bullish above 205. Near all-time high.
** Education purpose only
NSE:GRAVITA
This time its different syndrom Stock has crossed it previous highs and now got out of range of 9 years and price range from 30-200. So with a stop loss around 160 this breakout can be played and hope for 2x returns in this stock. so this is a high risk high reward setup.
Gravita Swing tradeGravita Ready for Short Swing Trade.
See chart for explanation
Entry: 200.55
Stop Loss: 2%
Target : Trail Stop Loss in Multiples Of Risk
Need To Follow Strict Discipline for Entry , Stop Loss And Target
Keep On Booking Profit in strength at Risk Multiples.
GRAVITA near ATHStock is dealing in battery recycling process which will be much needed counter in future now we are expecting price to break ATH level of last 10 years..Do your own research before investing
Gravita - LongGravita CMP - 93.85
Looking bullish in higher time frame. One can go for Short / Long Term Trade Setup with the following entry, exit & targets.
Buy Range 88 - 90 / Stop Loss 80
Target 1 - 100
Target 2 - 110
Target 3 - 120 / 145
Disclaimer: This is my view and for educational purpose only.
GRAVITA - Swing trade for targets of 115/120.The stock has given an upside breakout after an inverse head and shoulders pattern and taking support from the neckline.
CMP 106
Targets of 115.75 and 120 can be achieved in short term while keeping stop loss of 100 on daily closing basis.
R:R (1:1.63/ 1:2.33)
Gravita India long setupGravitat India is leading player in recycle of lead and alloys with high roce and increasing revenue, the chart loosk prime to move up with probably 150+, sl:98.
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any investment/trading decisions
GRAVITAafter a strong rally, the stock is consolidating in a flag, a break out from the flag the the stock price is move towards the level of 96 and the the sky is open till 140.
GRAVITA INDIA CMP 77.55Looking good for investment. Technical target is 120+ in next 3-4 months.
Buy only if it crosses 80 for the safe side.
Gravita going back to 32 to 36 levelThis seems struck in between trend lines shown.
For Study purpose only.
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CMP: 41.05
Target 1: 46
Target 2: 51
Target 3: 55
SL: 38
