GRASIM
Best Trending Stock GRASIMAfter testing the Supply Zone GRASIM is once again on the move to reach new highs.
- EVENT : Result on 13 Aug 2021
- Great Risk to Reward Ratio
Strategy :
- Buy Futures with SL below 1470
- Options Bull Spread -- BUY 1550 CE & SELL 1600 CE ( or according to your Risk Appetite)
- Naked Options Buying 1600 CE
For Risk Averse Traders :
- Buy Stock at 1500 - 1505 levels with a SL below 1470
Accumulate some at 1500 at trendlineGRASIM - accumulate some at 1500 at trendline. and accumulate some at hormonal line at 1475. . I can reverse from tend line support / or at horizontal line support. around 1480-1475.
Swing trade∘ Best Setup in Grasim
∘ Grasim follow Bullish channel : Higher High ( HH ) & Higher Low ( HL )
∘ Buy at Dip & Sell at High
BUYING LEVELS IN GRASIM Good support and resistance level for buying in the Stock.
Earnings will matter in the stock movement , so please track that also to catch a good move.
'GRASIM' intraday opportunity for 2nd August 2021uy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade
GRASIM_KEEP THIS IN YOUR WATCHLISTGRASIM is form HH HL pattern. If it continues to do so, then we can expect a good upside move from here.
(for educational purpose only)
Momentum Breakout -Grasim @ ATHGrasim made ATH today with a strong breakout. Looks good for swing traders at CMP.
GRASIM INDUSTRIED- INVERSE HEAD AND SHOULDERS BREAKOUTGRASIM INDUSTRIES HAS BREAKED OUT INVERSE HEAD & SHOULDERS PATTERN, CAN TAKE BUY ENTRY AROUND 1500-1510 LEVELS.
BUY TARGET- 1560 / BUY STOP LOSS- 1450
GRASIM - Intraday - 1 Hour chart analysisGrasim can be traded intraday in coming sessions upon BO. if a 5/15 min candle closes above the TL.
Grasim (Long)Gave a very good bounce and a closing today.
Can enter long on pullback at 50-61.8% fibonacci levels.
Target can be either of the two trendlines.
GRASIN_UPSIDE MOVE FROM TRENDLINEGRASIM is currently taking a support of a trendline.
One can go long from here with small qty.
(for educational purpose only)
GRASIM INDUSTRIESGrasim is respecting the trendline and also it is near the support of 1484. It can bounce from here for targets of 1522 and 1545. Above 1550 closing , 1600 levels can be seen in Grasim. Keep stop loss below 1480.
Grasim IndustriesInitiate long above 1488
RSI broke out, currently at levels of 54
Hold for target of 1559, 1603
