Grasim - Intraday
Grasim formed an inverted "HEAD AND SHOULDER PATTERN" and the first target of 1700 is achieved.
Now it's trying to cross the zone 1650 - 1700.
Thus the Volume in Grasim looks good near the resistance level of 1700.
BUYING- 1704 or above we can look for buying and a morning 5min candle should close above 1700 will give a good rise.
- we can look for an inside candle and then take a trade.
- if it opened FLAT then we have to wait for the breakout.
Selling- If the 1700 level is taken as resistance then we can sell below 1690 which can lead it to the target of 1680 to 1660.
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Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
Now it's trying to cross the zone 1650 - 1700.
Thus the Volume in Grasim looks good near the resistance level of 1700.
BUYING- 1704 or above we can look for buying and a morning 5min candle should close above 1700 will give a good rise.
- we can look for an inside candle and then take a trade.
- if it opened FLAT then we have to wait for the breakout.
Selling- If the 1700 level is taken as resistance then we can sell below 1690 which can lead it to the target of 1680 to 1660.
Please do share your feedback with us, we are more than happy to help you out, and do not forget to subscribe to our channel.
#StockRecommendations #StockMarket #Trading #IntradayTrading #Buy #Accumulate
Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
Disclaimer
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