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LetsTrade123
Jul 11, 2021 8:28 AM

GRASIM 1D Indicating Strong Demand Long

GRASIM INDUSTRIESNSE

Description

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
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