after a continuous rally there was a pull back for past 1 month and now it has tried to break the resistance of 520.
and MACD is at good level. hence can enter after it gives a breakout at 520 above and book some profits at your respective R:R ratio.
Earnings results on Oct 26 will play a major role in the returns.
be cautious on result day.
Get Ready for Upside movement in Grasim Industries as it retested very well its breakout area now it is ready for targets of 1550, 1600, 1700 and many more today it was doing very well but due to sudden pressure in Nifty it shades off too its gain due to selling pressure which is highly unlikely not possible to take nifty below 15500 and 15500 levels...