NSE:GRASIM   GRASIM INDUSTRIES
Grasim Was amongst NIFTY's Top gainer as on May28,2021 with a change of 3.41%. Q4 profit rose 13.3%.
Technically it has breached the 0.618 extension level, the spike in volume followed by the candlestick are indicative of a bullish move.

Comments

Mam,
what is ideal in above scenario, do we take a long position once the stock clearly breaches the strong resistance line.( as shown in your analysis) or
do we wait for the stock to retest resistance line from above after breaching it.
Reply
GurleenKaur kingsgold2019
@kingsgold2019, Post breakout, Above 1480.
+2 Reply
I’ve already exited my position with 45 point on Friday 🙈 Expecting that market sentiment may not support, although it seem there’s still lot more potential upside post breakout
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter