Get started
LetsTrade123

GRASIM 1D Indicating Strong Demand

Long
GRASIM INDUSTRIES (NSE:GRASIM)  
LetsTrade123 Updated   
NSE:GRASIM   GRASIM INDUSTRIES
Trend Analysis Beyond Technical Analysis consolidation-breakout Demand Zone monthlyconsolidation decreasingpullbacklength
1
0
trendanalysis beyondta consolidation-breakout demandzone monthlyconsolidation decreasingpullbacklength
1) Price consolidating for more than a month
2) Two recent pullback with 2nd pullback with higher low indicating stocks is in strong up move

Watch for upside breakout after consolidation (accumulation phase at top). If it breaks down (distribution phase) then wait for price to retrace back to any of the previous pullback level and then reversal.
Trade active:
Has given breakout today with average volume
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.