Currency Grow (CA & SEBI Reg IA Omkar Bhutada) · 30th Mar
This is another very clean EMA + range setup — fits perfectly into your trading style 🔥
GMBREW
🧠 What’s happening in G.M. Breweries?
1. Clear Consolidation Zone
Range: ₹960 – ₹1080
Multiple rejections from top
Multiple supports from bottom
👉 This is a tight accumulation box
2. EMA Alignment (Your Edge)
26 EMA ≈ ₹1013
52 EMA ≈ ₹1008
Price ≈ ₹1024
👉 Key observation:
✔ Price holding above EMAs
✔ EMAs flat → ready for expansion
✔ No strong trend yet → about to start
3. Higher Timeframe Support
225 EMA ≈ ₹926
👉 Strong base below → downside limited
🚀 Trade Opportunity
✅ Breakout Setup
Trigger:
Break above ₹1080
👉 Then:
Targets:
₹1120
₹1160
₹1200+
💡 Your arrow towards ₹1150–1200 is absolutely valid.
❌ Failure Scenario
If price:
Fails again near ₹1080
Breaks below ₹960
👉 Then:
Move towards ₹920 possible
📊 Smart Execution Plan
🔹 Aggressive Entry
Near ₹1000–1020 (EMA zone)
SL: ₹960
🔹 Safe Entry (Best)
Breakout above ₹1080
SL: ₹1000
🔹 Pro Setup (Highest Probability)
👉 Wait for:
Breakout → Pullback → Retest ₹1050–1080
Then enter