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rvc8280
Apr 21, 2020 2:32 AM

GRASIM - Breaking trendline - Short or Long  Short

GRASIM INDUSTRIESNSE

Description

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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