GRANULES - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis – Granules India Ltd. (GRANULES) IntraDay Trade Rating: 3.6

Granules is showing moderate technical posture for intraday action today. There’s visible strength in volume and mid-range RSI, but MACD and price positioning under key moving averages hint at hesitation. It's not a clear breakout trade—but it could reward nimble entries and exits with proper setups.

🔍 Technical Summary

RSI (51.5) → Neutral to slightly bullish; watch for a push above 55.

MACD (-5.44) → Negative but flattening; early signs of bottoming out.

Volume (18.7L vs Avg 9.2L) → Strong buying interest; potential breakout brewing.

Price below DMA50 (₹492) & DMA200 (₹510) → Near resistance; breakout only if volume sustains.

💸 Intraday Trade Setup

📌 Trade Element Suggested Price Zone (₹)

Buy Zone ₹486 – ₹490

Profit Target ₹498 – ₹504

Stop-Loss Level Below ₹480

Entry near ₹487–₹490 is best if there's follow-through volume and bullish candle formations (e.g., bullish hammer or engulfing). Avoid chasing at highs unless volume spikes further.

⏱ If Already Holding Today

Exit for Profit

Book profits between ₹498–₹504 if RSI rises above 55 and MACD narrows toward the signal line.

Momentum confirmation: bullish crossover in intraday MACD + volume > 19L.

Exit for Loss Protection

Cut positions below ₹480 if RSI dips under 48 and price fails to sustain above ₹486 despite volume support.

Look out for long upper wicks and reversal candles near resistance zones.

💡 Final Take

GRANULES is not flashing high momentum, but with strong volume, it's got potential for quick 1.5%–2.5% scalps. Ideal for experienced traders who can react to fast setups. If you're scouting for stronger directional plays, I can surface charts with trending RSI and MACD alignment—just say the word.

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