High volume breakout, good momentum, divergence reversal. 100 EMA support as well
BTST IN GRASIM AUGUST FUTURES BUY@1063 STOP0@1047.5 TARGET@1085 LOT:750 QTY:1
BTST IN GRASIM MARABUZO CANDLE JULY FUTURES BUY@998 STOP@990 TARGET@1010 LOT:750 QTY:1
will like to stay long in the counter considering the risk reward ratio !
Based 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...
GRASIM has been respecting the neckline for a while. Expecting a breakout/reversal on account of result.
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 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
Possible Cup and handle in Grasim ?
Possible Cup and handle in Grasim ?
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...
The stock has given a breakout from daily resistance today with a good candle. Keep in watchlist for going long.
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 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.
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.
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
GRASIM 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
With 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...