GRASIM..trendline breakdown
GRASIM has broken its rising trendline from feb 2019 to july 2019
it has support around its 100 and 200 dma. but looking at its multiple failure around 930s zone to cross it
expecting a break down to 840 to 800 sometime
short on bounce to 900 zone with stop at 920
also on it weekly timefrme its at convergence of 20 50 and 200 weekly moving avgs and is currently looking weak
it has support around its 100 and 200 dma. but looking at its multiple failure around 930s zone to cross it
expecting a break down to 840 to 800 sometime
short on bounce to 900 zone with stop at 920
also on it weekly timefrme its at convergence of 20 50 and 200 weekly moving avgs and is currently looking weak
Note
840 800 both achieved.. what a fall in one day
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