long opportunity in Grasim . after breakout in weekly timeframe it conslidated for months , now it is at the retest levels and can go up from this point . not any recommendation just for educational purpose
Multiple harmonic pattern formation with PRZ in same range,, parallel channel structure with supply line around same levels of prz,, rsi have divergence,, price action need to be watched,, lets see whats in store,, Market is best teacher,, keep learning every day,, dont wait for holy grail
Prices having Good Momentum All Levels Mentioned On Chart How to trade the setup? When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict T1 : is Target 1 T2 : is Target 2 When you achieve your first target, book profits of 50% and shift the stops to the cost The term Catastrophe Stop, is a maximum movement...
The stock was moving in a channel for a few months now, and gave a breakout over the upper resistance line. If it is able to sustain levels of 1725, the trade can be initiated for upwards targets as stated in the chart. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the...
Clear Structure & Attractive Price Action. Channel Pattern Breakout generally leads to protracted move & same I expect here also.
NSE:GRASIM #GRASIM give BO @ 1780 levels and close above the levels, sustainability have good up side momentum. Post confirmation may try 1780 CE Happy Trading !!
follow up...taken support today at neckline. todays low is sl for positional one can go with days low as sl tgt new 52 week high.
Stock reaching near a strong Support Area Risk to Reward Looks very attractive View negated below 1660 Buying area near 1680-1700
Grasim breakout from channel and consolidating wait for eod close above 1770 to go long
GRASIM BUY ABOVE 1530, TARGET WILL BE 1695, STOP LOSS 1460
Grasim is in strong uptrend…. Reasons/Traits : • Bullish Cypher harmonic pattern and its retracement is completed • Strong uptrend with high increasing volume is seen • Grasim is again at life time high • Further uptrend on earlier highs of 22nd Jul and 2nd Aug 2021 were rejected now again testing high levels What can happen next : Scenario 1 : Strong uptrend...
Trend Line out Support by strong RSI Levels are mentioned please trade as per your risk appetite
In last trading session GRASIM gives breakout of ascending parallel channel's resistance line. After this breakout expected this will continue it's bullish rally towards the 1915+ in next few trading session. We can go long in this stock with stop loss of 1680 for target of 1910+ for short term.
Detailed analysis given on the chart related to this stock NSE:GRASIM
NSE:GRASIM Grasim followed Fib retracement perfectly. As per given in my previous idea it took good support from 61.8% level range. Please refer below chart. Now what next? Just simply if we apply the same level range of FIb retracement then we can see below levels. This levels will be for short to mid term positional trade. Sustainable Breakout of 1700...
Grasim Channel breakout in D chart. SL below swing low inside channel pattern.