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GRASIM

Simple Trade Setup | 27-09-2021 | GRASIM [Intraday & positional]NSE:GRASIM Observations: 1) One 1 hr time frame,It made inverse head and shoulder pattern and given breakout of it on 24-09-2021. And it closed above the neckline of it. Please refer below chart : 1 hr time frame. ------------------------------------- For Positional Trade for short-mid term target on long side will be 1700- 1720 - 1750. SL will be 1580. Major resistant at 1660 level. ------------------------------------- Trade Setup for Date 27-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
NSE:GRASIM
by Trading_hawk
GRASIM pre-market intraday analysis and setup🎇Hello Traders👋 Today i have made a post on GRASIM 15M I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be considered as informative and educational post I shall not be responsible for your profits and losses
NSE:GRASIM
by profitpujari
2
Grasim Industries - Medium Long trade*Stock Name - Grasim Industries..* *Stock Info-* Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India's largest private sector companies. On a standalone basis, GIL’s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. It also has certain other businesses such as fertilizer, textile, etc. It is the holding company of Ultratech Cement Ltd # which is the flagship company of A.B. Group. *Fundamentals-* Company is having a strong balance sheet with improved operating margins from 15% to 17% in FY 2021 as compared to FY 2020. The company has maintained a CAGR of 15% for the last 3 years. The company has also improved its debtor days. *Shareholders Pattern* - Since the last one-quarter promoters and FIIs have increased their stake in the company which is a good sign. India Ratings and Research (Ind-Ra) has affirmed Grasim Industries Limited’s (GIL) Long-Term Issuer Rating at ‘IND AAA’. The Outlook is Stable. *Technical Analysis* - Stock has shown steady growth in the last few months. Stock is currently facing resistance at 1600 but taking support at its 9DEMA. Large buying interest is seen last few weeks. So it's good to add the stock till 1500.. 1500 is Strong support for the stock. Below 1500 stock will show weakness. It is suggested to deploy small quantities and then averaging the same.
NSE:GRASIMLong
by sdparanjpe