GRASIM - Breaking trendline - Short or Long
Updated
Grasim - from past few days, trading in range.
Currently on lower band of the range and also breaking trendline support.
If continue to trade below 517 levels, we can expect further downside - upto 500 below.
Incase if stock respects trend line support and bounce back - can look for long above 529 levels and can reach upto 550 levels.
Currently on lower band of the range and also breaking trendline support.
If continue to trade below 517 levels, we can expect further downside - upto 500 below.
Incase if stock respects trend line support and bounce back - can look for long above 529 levels and can reach upto 550 levels.
Trade active
Reached Low of 503.5 - with in 1 trading sessionTrade closed: target reached
reached low of 484 after breaking range
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