HelloSambhav

Grasim | Trendline resistance break 🎯

Long
HelloSambhav Updated   
NSE:GRASIM   GRASIM INDUSTRIES
β­•Swing Trading opportunity ! 30 min Chart Alert !!! β­•

--Buy above =919.40 or CMP
--Target = 932 | 939.70
--Stop-loss =912.55
--Lot Size = 950
--R:R = 2.05
--Expected Profit = 19,200 β‚Ή per lot (2.21 % )
--Expected Holding = 5-15 day only
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β­•Technical Reasons to trade OR Strategy applied :- β­•

1) Trendline break , bought near support area after retracement
2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern
3) Uptrend Is continuing and Trendline resistance break
4) All the possible support & resistance is mentioned on the chart

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Trade closed: stop reached

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