GRASIM
Grasim industries share have started uptrend.On daily chart Grasim industries share is going to be ready for another breakout @ level of 633. Stock can be taken for the level of 700. but before going to 700 stock will be tested the minor resistance level @ 650 & 670. on daily chart cup & handle formation has been completed . So add the stock in your watch list. Entry will be taken as per marked trend lines.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Requesting everyone to spent time on learning to sharpen your skills in the market.
Grasim LongGrasim Perfectly in the golden reverse point...
3 possiblities:
Gap down : Buy when the price come inside the channel...
Gap Up : Its sustain above black color means...keep your buy posision...
Normal open : Wait for price come around 498-500 range,,,, 500 strong support in oi....
Do your own anlaysis before taking position...
My View : Bullish