praveen.gupta
Long

Grasim Ltd Long @ Rs. 602.1

NSE:GRASIM   GRASIM INDUSTRIES
NSE:GRASIM
Entry 602.1
Target 664.8
SL 584.8
Grasim is CMP Rs 623 and price is faling from previous peak, one can take long position at 602.1 , stock has DZ 590.5 to 598.5
so probability of profitable trade is more and reward to risk ratio is good. overall stock is in uptrend for medium term.
Stock idea is for cash segment buy and hold in delivery.
Disclaminer : Above is stock idea for education and technical analysis purpose not an advice.
consult for fiancial advisor for advice. author can also enter in trade at above prices.
Recently Closed Position:
RIL>>1849-1705 = 144/1705 = 8.44% Gain in 12 days
M_M >> 564.8-505.1 = 59.7 0r 11.8% Gain in 12 days
ITC>> 5% as divident.
Trade active: Entry price triggered , and price bounced backed from demand zone
Trade closed: stop reached: SL Hit

Comments

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