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Granules

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Oct 9, 2013.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I am holding granules from 25 jan 2013 @ 130, although it is long term pick for me but fresh entries can be initiated @ cmp 164.3 with stop of 157 - 152 for the target of 180-195
     
    sanjay_sansanwal, Oct 9, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Looks Awesome.
     
    shabbir, Oct 12, 2013
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  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Granules is zooming up by 2.79% and made a high of 168.25, cmp is 166
     
    sanjay_sansanwal, Oct 14, 2013
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  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Today I sold my 2 long term holding.
    Granules (246) @ 174.50 average purchase price was 125.75, total profit is 12090/- means 39%

    Gujrat alkalies (102) @ 160 average purchase price was 195.46, total loss of 3617/- means -18.14%.

    I exited granule because 175 level is becoming tough for it from last few days and 180-185 levels are very near, most importantly I have huge quantity also and I don't want it to make pathetic one like NTPC ( where I got Dividend twice or thrice and waited cause it was not going anywhere neither down nor up.)

    I exited Gujrat alkalies because of same reason what I had in Ntpc and even I was ready to exit @ 140 level if it would hit that but all of sudden it gave a spike from 145 to 163, yesterday I waited till 3 PM but it was not able to continue with previous spike, so I exited.

    Now I have lots of money to invest in scripts, which is @ best level.


    I just saw today's EOD chart and find it closed yesterday with a very strong bullish candle, so if any one is still holding can hold but with tight stop which I mentioned earlier, again it is showing that it has more potential to go up. I may enter again if find more interesting.
     
    sanjay_sansanwal, Oct 30, 2013
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  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Stock Technical Analysis Thinking Again to enter in Granules, I was holding it from long and exited @ 175, previously recommended @ 164 for target of 180-195 which already achieved fully it made a high of 197.7 after my recommendation and than corrected.

    Now it is trading @ 185.50 and I think again it is good opportunity to enter @ cmp with stop of 170 for short to medium term for target of 195-215-225.

    Happy Trading,
    Keep Smiling Always,
    Jai Mata Di.


    Visit to view previous recommendation.

    www.facebook.com/photo.php?fbid=566933493384242&l=e73...
    10:13PM, 15 December 2013 PST
     
    sanjay_sansanwal, Dec 16, 2013
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  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Wow, Granules rocked,
    Successfully achieved 1st target and moving ahead, made a high of 205.70.

    Happy Trading,
    Keep Smiling Always,
    Jai Mata Di.
     
    sanjay_sansanwal, Dec 23, 2013
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  7. srspriya06

    srspriya06 Active Member

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    Inverted hammer has formed in Granules. Pls correct me if im wrong:confused:
     
    srspriya06, Dec 23, 2013
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  8. madhusudhanps

    madhusudhanps Member

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    Priya,

    Todays candle is Shooting star.
    It is called Inverted Hammer when it is formed in downtrend not in uptrend.

    If you are mentioning about yesterdays candle then it is not at all Candle pattern as for Shooting Star there should be big upper shadow
     
    madhusudhanps, Dec 23, 2013
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  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Plus it is looking like inverted hammer but a perfect inverted hammer should have long wick and small body.

    Shooting star perfect.
     
    sanjay_sansanwal, Dec 24, 2013
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  10. srspriya06

    srspriya06 Active Member

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    Thank u Madhu and Sanjay
     
    srspriya06, Dec 25, 2013
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  11. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Granules update : Granule Rocking today and achieved my 2nd target too, made a high of 215.50.

    Bingo, me enjoying and sure all who are in trade are also enjoying.
     
    sanjay_sansanwal, Jan 21, 2014
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  12. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    24/1/14, 9:35 AM

    Granules Update.

    Call closed all targets done again, made a high of 225, trading @ 224.20, where my final target was 225.

    185 to 225 in 38 days only as recommended on 16th Jan.

    Bingo
     
    sanjay_sansanwal, Jan 24, 2014
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