Long Granules @342 | May Break the falling channel|

GI is facing resistance by the trendline of a falling channel. It may be rejected below 342

Attempted few times to break but according to me this time it will break with increasing volumes. Tomorrow Laurus results will set the tone for API stocks.

Delivery % is around 41% , which is quite decent.

Stock most important accumulation area is 337-341.

Risky buyers may enter @cmp

safe buyers enter after 342 on a closing basis.

My Targets
T1 -> 348 (90% prob)
T2 -> 356 (60% prob)
T3 -> 365 (40% prob)

SL - 324

Long term investors hold till the results. It may cross 400.

Thanks.

تعليق:

can enter now for longterm

تعليق:

Long above 340 on 1hr candle closing.

تعليق:

Very near to the breakout. Attempted 5th time for the breakout ...yet rejected.... wait for the breakout with volumes :)

تم فتح الصفقة:

Breakout Done....has to stay above 340

أغلقت الصفقة: تم الوصول للهدف