After the breakout, the retest volumes have been low. The stock seems ready to break the trendline and move upwards. The trendline break should be convincing with high volume and the candle should depict buyers in control. Previous resistance will act as a support. NSE:GRASIM
Ascending triangle breakout and retest. Looks good for positional trade.
Go long above 1510 for Target -1530 and more NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success. (Do talk to your financial advisor before making any investment decisions) please like, share and comment if you have any suggestion regarding this analysis THANKS
Hey Guys, Go long in Grasim Industries and yesterday it gave breakout of 15 min Time frame chart but due to sudden pressure in NIFTY it can't sustain but now it gave breakout and retested as well in the last period of time and there is a strong possibilities that it can make tomorrow new 52 week high and can move towards 1600 , 1700 levels from here a sharp...
Hey Guys, 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...
HOLD GRASIM FOR SHORT TERM LOOKS BULLISH DUE TO THE BREAKOUT +50 IS EXPECTED FROM CMP
Daily Chart #STARCEMENT NSE: STARCEMENT Short Term Quick Profit CMP 114.60 Target : 126.75 SL : 109 Timeframe < 30 Days Can hold for longer time ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections and then higher highs again. Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern...
Het Guys, Strong Pull back expected tomorrow as in above chart it closed above its strong Buying area on which high rejection found today itself so there is high chances for targets tomorrow to open flat to positive and will be trending for targets of 1550 might be achieve tomorrow itself and 1600 and 1700 in some upcoming sessions. Follow for more ideas and...
Daily Chart #PHILIPCARB NSE: PHILIPCARB CMP 242.50 Target : 296 SL 222 RR Ratio > 2.5 Time Frame < 60 D ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish...
Hey Guys, Grasim Industries looking good for short term sharp upside move expected
In Grasim, it looks alike Shooting Star made. Lets see, will this pattern work or not. If it respect pattern, then it will test the lower trendline support and gives target. Education Purpose only.
ascending triangle formation is there lets see for upside move
Daily chart of Grasim Industries looking good after a triangle breakout. Target: 1700 SL: Below 1350 Note: For educational purpose only.
Grasim Breakout on the daily chart. Position above 1508 for swing/intraday trading.