rvc8280

GRASIM - Breaking trendline - Short or Long

Short
rvc8280 Updated   
NSE:GRASIM   GRASIM INDUSTRIES
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.
Trade active:
Reached Low of 503.5 - with in 1 trading session
Trade closed: target reached:
reached low of 484 after breaking range

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