Caapinves

GRASIM - Triangle Breakout- Long

Long
NSE:GRASIM   GRASIM INDUSTRIES
Hi Guys,

Greetings!!!

Trading Checklist:

Script Name: GRASIM
Trend : Uptrend / Downtrend
EMA: Bullish / Bearish
ATR Volatility: Peak / Down / Flat
Time Frame Analysis: 1Hr / Daily / Weekly / Monthly
Candlestick Pattern:
Whether any Trend Reversal Pattern? Bearish Engulfing
Candlestick Pattern was support with good volume? No
Chart Pattern:
Channel Pattern / Flag Pattern / Triangle Pattern / Head & Shoulder Pattern / Cup and Handle Pattern / Raising Wedge / Falling Wedge
Breakout Happened with good volume? – Yes / No
Before Breakout Buildup (Consolidation) was happened? Support or Resistance
Retest Happened? No
Support: 1352
Resistance: 1469
Buy / Sell Price: 1472-1475
SL: 1415.90 (Daily Closing Basis)
Target: 1593.15
Risk: 59.05
Reward: 118.10
Ratio: 1:2
Whether Trade is Favorable or Not? Favorable

Regards,
Thenali Views

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.