RKMAURYA

Positional Trading Idea on GRASIM with Fibonacci Level

Long
NSE:GRASIM   GRASIM INDUSTRIES
GRASIM

Stock closed above ATH on 28th March 2024. If drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 2358 level. Long Position may be initiated at CMP with Trailing SL 2240 for 1st target near 2358 and 2nd target at 2.618 Fibonacci extension level near 2500.

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