1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Granules India Ltd.

Discussion in 'Technical Analysis' started by srspriya06, Feb 12, 2014.

  1. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    While seeing 2 years chart , the consolidation has come to an end. It is a break out at 235 levles. can buy at cmp with 240 as stoploss and 320-340 as target.
    views pls.
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    240 does not seem to be any support and so should not be a SL
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
  4. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Yeah break out is there but stock has run like hell means somewhere chance for a fall means whenever u r near to your destination your speed increase automatically and after that you have to come back where u actually stay and even comfortable stop is too far.