GRASIM BUY ABOVE 920
GRASIM (Grasim Industries Ltd) BUY ABOVE 920. GRASIM Trading in a channel. Today there was a increase in price with an increase in volume. If tomorrow it goes above 921, It can further see and upside of 930, 940, 950 and 958. Hold it with SL (Stop Loss) of 914
Stock exhibits sustained weakness in Weekly time frame. Falling Trendline holds valid and rejections have been pretty strong whenever the stock hits it.
Currently the stock has hit the Trendline again wherein we could also spot 38% FIB retracement adding strength to the resistance.
Though the above points guides us to take a strong bearish view, we need to be...
Grasim has formed Bullish Pattern and Sustained it after Initial Breakout.
Expect Huge Upmove in this stock from now on. Utilize every Dips to Add and Hold Patiently for Short Term Target 1075+ and New 52 Week High in Coming Months/Years.
Cheers!!!!
As mentioned in yesterday technical researched, GRASIM future made high 828 as mentioned accurately in impervious researched.
Question: Will it confirm to move?
Yes, if trade below 800 today and close below it.
Exception is Volume is not increased.
I have updated date and price. both are acting perfect.
