Grasim - Text Book Volatility contraction patten Long

GRASIM INDUSTRIESNSE

Description

⋅ Jun 4, 2021 8:03 AM

NSE:GRASIM

Mark Minervini's signature VCP pattern :
- Strong trending stock above 200, 150 and 50 dma
- Positive trending Relative Strength
-3 T volatility compression pattern, with extremely tight price action in the last leg

Supply and Demand Cup And Handle

Comments

mejohnsonjoseph1987

⋅ Jun 4, 2021 5:06 PM

Expected target for this month ??
Superb observation ...
Kudos👌👌👌

aarki_gg

⋅ Jun 5, 2021 6:40 AM

@mejohnsonjoseph1987, thanks Johnson, i cannot predict exact targets for the month, but 1660-1680 levels can be reached over the next few weeks