raigvivek

Long Setup in GRASIM on WTF

Long
NSE:GRASIM   GRASIM INDUSTRIES
A Ascending Triangle Chart Pattern Breakout happened on the weekly Time frame of GRASIM

Price Action supported by volume.

The stock is currently in uptrend making higher highs and higher lows.

One can add this stock into their stocks to buy list.

One can initiate the long trade as per the lavel mentioned on the chart.

Stop loss will be on a Weekly closing basis.


Trend Analysis :- UP Trend
Chart Pattern :- Bullish Ascending Traingle Chart Pattern
Technical Indicator :- Positive MACD Crossover

Disclaimer: This is for Education purpose only.

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.