CourtroomInvestments

Grasim (Intraday Short)

Short
NSE:GRASIM   GRASIM INDUSTRIES
Grasim will be announcing its Quarterly Results today. Start of the day looks weak, giving a hint towards expected results. Corrections in the current up-move comes to 61.8 FR level, hence one can take an Intraday short trade for a target of 1100 with a stop loss of 1136.
Trade closed: stop reached
Comment: Stop hit, and then target met. Classic!
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.