What next in Grasim ? Positional Trade

Trading_hawk Updated   

Grasim followed Fib retracement perfectly. As per given in my previous idea it took good support from 61.8% level range.
Please refer below chart.

Now what next?
Just simply if we apply the same level range of FIb retracement then we can see below levels.
This levels will be for short to mid term positional trade.
Sustainable Breakout of 1700 level will lead it to 1759 easily and we can see 1800 level in mid term positional long trade.

Please refer below chart.

you can also refer my previous idea of Grasim in Link section at the end of this idea.
Trade closed: target reached


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