Piyush-Gupta

GRASIM, Inside Candle + Support Breakdown Formation

Short
Piyush-Gupta Updated   
NSE:GRASIM   GRASIM INDUSTRIES
GRASIM broke mid term support line last week and for past 3 days it has been consolidating.
If this break 1540 (1530 for safe traders), then there is possibility of down move.
Along with support breakdown, this also has inside candle formation.

Should be avoided in case of gap down below 1535.

Thanks
Piyush Gupta
Comment:
Type on the label of chart. It should be GRASIM and not GRANULES.

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