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trader_indie
Aug 18, 2020 6:30 AM

Grasim | Long | Short Term View Long

NSE:GRASIM1D
GRASIM INDUSTRIESNSE

Description

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Grasim Has broken through the Supply Zone and broken the ascending triangle and now created its new short term demand zone

Look for a pullback .

Recommendation
  • Entry should be some where between 644 to 654
  • Stop Loss 608
  • Target - 729



Key Factor for consideration

  • High Volume
  • Strong breakout
  • Triange pattern breakout
  • Hugh Candle formation


Trade closed: target reached

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reached within few days !!
Support and ResistanceSupply and DemandTrend LinesDemand ZonebeyondtechnicalanalysistrianglebreakAscending Triangletriangebreakout
Comments
ReviveTraders
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target achieved great analysis
trader_indie
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@tradethetip, thank you !!
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