Grasim Bearish
#Grasim closing 1595.9 with stoploss 1640 then targets are 1550-1500-1450.
Selling Reason.
1 --> Price Retest the Trendline and come down.
2 --> RSI is 44.1 and come to Break 40.
3 --> ADX is show the #Bearish move coming and -DMI is Rise.
4 --> #Volume is also below the Average Volume and not more come.
5 --> #Bollinger Bands are ready to squezee.
Selling Reason.
1 --> Price Retest the Trendline and come down.
2 --> RSI is 44.1 and come to Break 40.
3 --> ADX is show the #Bearish move coming and -DMI is Rise.
4 --> #Volume is also below the Average Volume and not more come.
5 --> #Bollinger Bands are ready to squezee.
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