GRASIM
Breakout confirmed in GrasimHigh volume breakout, good momentum, divergence reversal. 100 EMA support as well
BTST IN GRASIM AUG (FUT)BTST IN GRASIM
AUGUST FUTURES
BUY@1063
STOP0@1047.5
TARGET@1085
LOT:750
QTY:1
BTST IN GRASIM JULY (FUT)BTST IN GRASIM
MARABUZO CANDLE
JULY FUTURES
BUY@998
STOP@990
TARGET@1010
LOT:750
QTY:1
ultracemco , weekly trade set upwill like to stay long in the counter considering the risk reward ratio !
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 Neckline BreakoutGRASIM has been respecting the neckline for a while. Expecting a breakout/reversal on account of result.
GRASIM - HEAD N SHOULDER It is been observed on daily chart that the price action formed a bearish Head and Shoulder, indicating a further weakness ahead.
Target: 1100
Stoploss: 1165
Ascending Triangle formation on GrasimAscending Triangle formation on Grasim. price may break above the support line and MACD showing bullish crossover on bullish trend.
Trade:
Buy above - 1101
Target 1 - 1112
Target 2 - 1124
Stop loss - 1188
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 - BREAKOUTThe stock has given a breakout from daily resistance today with a good candle.
Keep in watchlist for going long.
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.
Short target on Grasim with going short.Hello friend,
Grasim is just came from touch the resistance level and going down further, if any body want to take advantage and go short of this correction, may be he will be wise person as called as smart trader, it is a small target target and please hold for 3-4 days.
GRASIM - PIN BAR CANDLESTICK (POSITIONAL TRADE)It is been observed on Weekly chart that the price action forms a bearish pin-bar candlestick pattern indicating rejection of higher price action and seller dominance over price action. Now, it shall further move down to next support levels.
Target 1: 800
Target 2: 750
Stoploss: 880
GRASIMGRASIM CAN TOUCH 1100-1150 IN NEXT 10-15 DAYS. IF ANYONE BUY STOCK THEN HOLD WITH STOP LOSS 1000 OR 1005 IN CASH FOR TARGET 1060-1100-1150
Big Players are OUT and New Big Players are getting INWith the recent news of merger of adityabirla Nuvo - ABIRLANUVO and GRASIM sentiments are hurt. The Big Players are getting replaced with this decision. Both the stock will go down technically, however, the business model are similar and hence will help the company as a whole. Particularly Second quarter results or Half yearly result of the merged company will be high.
Advised to make long position after merger which can be wealth creation.
Happy Trading
