GRASIM
Shorting Opportunity in Grasim All Levels Mentioned on Chart.
Grasim is trading below the trendline support and expected to move down further.
GRASIM - Breaking trendline - Short or Long Grasim - from past few days, trading in range.
Currently on lower band of the range and also breaking trendline support.
If continue to trade below 517 levels, we can expect further downside - upto 500 below.
Incase if stock respects trend line support and bounce back - can look for long above 529 levels and can reach upto 550 levels.
Short positional trade in GRASIMTrade has been described on the charts
Due to news, the trade can be affected.
Comment if you have any query
This is a positional trade and not for intraday.
Do your own research and then take the trade
This is an educational post.
Grasim may go down tomorrow 16 April I drew this for 15th April`s trade but it will go down further on 16th April short below 529
(For edu purpose only )
GRASIM KEY LEVELS SUPPORT AND RESISTANCE 13/04/2020Key Levels for GRASIM :
Upper Breakout~539
First Target~546.30
Interim Resistance~554.15
Final Resistance~563.25
**Lower Levels**
Lower Breakout~525.65
First Target~518.40
Interim Support~511.50
Final Support~501.45
Please trade with caution and consult your financial adviser before trading.
Grasim - Bounce Back from 400 or go to 347Grasim is at strong support currently.
Keep it on Radar for 400 - 410 - 425 +
Considering all global markets are positive today, incase if tomorrow opening is +ve , clearly bounce back is expected.
However incase if falls from this level ... next support is at 347.
Grasim Industries (GRASIM) Trading Strategy The strategy works best on 5 min timeframe. The results may very different depending upon time-frame and date range of your choice.
The default trading quantity is 2. I have added functionality for part profit booking which increase profit and always keeps you in trade.
I have tested this indicator on 5 minutes time-frame on National Stock of Exchange(India) which gives good results and the time period is almost 6 months.
Period : 19/08/2019 to 06/03/2020.
Points = 688.25
No. of trades = 58
Profit Factor = 2.934
It is non-repainting indicator and uses @version=4.
For free trial, send me a private message in order to access this script as this Invite Only script.
GRASIM RANGEBOUNDSELL GRASIM WHEN RECTANGLE IS BROKEN ON CANDLE CLOSE BASE TARGET GIVEN STOP LOSS IS TOPMOST TRENDLINE ON CLOSE BASE
Do you want footprint of GRASIM?NOTE: IF YOU ARE PLANNING TO TRADE , I WILL WORK FOR DAILY TIME-FRAM E AND 30-MINUTES TIME-FRAWE FOR GETTING ACCURATE NUMBER TO TRADE. Kindly, say in comment section.
1) The primary trend is up .
2) The remarkable point is price rotation which is a sign for you to trade in which direction.
3) Volume gives hit of your direct right or wrong
4) Observation area should require to watch carefully.
Conclusion: Buying is good on this stock to compare to short. Presently, if it is an up-breakout will show us price rotation and volume will be lower.
Grasim Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX
Wait for entry setup, if available then Long/short.
Reward is 8 to 15 times.
Grasim making cup and handle patternGrasim is about to breakout cup and handle pattern on daily chart. 825+ level will make the stock stronger.
Intraday: Grasim is crossing it's Major Supply ZonePlease find the supply and demand zones for the target and stop loss.
GRASIM ON BULLS HANDGrasim Looks good to buy btw 762-768 level, target of 803/823/840 --- Keep StopLoss if day closes below 745
