GRASIM
My PredictiveEngine's Intraday call(07-Jun-18)-GRASIM-LongBased on my PredictiveSystem's signals, its going to be a GREEN candle on 07-Jun-2018 for GRASIM
Buy Above: 1037.6 for targets -
T1: 1045.4
T2: 1050.1
T3: 1054.9
SL: 1029.3
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
GRASIM INDUSTRIES - TRENDING UP (GOOD INVESTMENT)It is been observed on the Monthly Chart that the price action is trending up by making higher lows and higher highs (indicated on the chart with a long upward moving arrow). Hence it is providing a good investment opportunity at current levels. It is also fundamentally strong company and with interest rate and inflation going down shall benefit the company's upcoming quarter returns.
I believe it shall further move up and continue the trend in coming months. Therefore, I expect the price action to cross above 1100 levels soon.
Target: 1120
Stoploss: 1000
Risk Reward: 1:1
Duration: 1-2 Months.
GRASIM SHORT Engulfing & Divergence !Today's big Black candle which engulfed the last 2 candles and closed at lowest level is showing the forthcoming weakness. It is also showing bearish divergence in the overbought Zone. One can short the stock at the level where Stop Loss of 1102 on closing basis is affordable to them.
Abirlanuvo very good company with a target of 1450 in coming dayABIRLANUVO perfect balance sheet company. The company will be in the correction mode now. One can buy it at the level of 1331 with the target of 1450 in coming days.
Even RSI is showing overbought as of now.






















