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Granules

Discussion in 'Technical Analysis' started by drsuraimardi, May 22, 2013.

  1. drsuraimardi

    drsuraimardi New Member

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    Dear Shabbir
    I want to know whether Granules is making a round bottom pattern in daily chart ? I am attaching the chart.Please comment.
     

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    drsuraimardi, May 22, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes. It is forming a bottom and also cup and handle as well.
     
    shabbir, May 22, 2013
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  3. drsuraimardi

    drsuraimardi New Member

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    Thanks Shabbir !
     
    drsuraimardi, May 23, 2013
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  4. suneelkoul

    suneelkoul New Member

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    Today the stock has started moving upwards after forming the handle for exact 1 week. i guess it is now ready to be bought for a target of 200.

    please feel free to correct me if i have got this wrong.

    Thanks,
     
    suneelkoul, May 25, 2013
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  5. shabbir

    shabbir Administrator Staff Member

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    Not at all wrong and you are spot on.
     
    Last edited: May 25, 2013
    shabbir, May 25, 2013
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