grasim chart analysis for intraday and swing trading
Grasim made ATH today with a strong breakout. Looks good for swing traders at CMP.
GRASIM INDUSTRIES HAS BREAKED OUT INVERSE HEAD & SHOULDERS PATTERN, CAN TAKE BUY ENTRY AROUND 1500-1510 LEVELS. BUY TARGET- 1560 / BUY STOP LOSS- 1450
Grasim can be traded intraday in coming sessions upon BO. if a 5/15 min candle closes above the TL.
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.
GRASIM is currently taking a support of a trendline. One can go long from here with small qty. (for educational purpose only)
Grasim 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.
Initiate long above 1488 RSI broke out, currently at levels of 54 Hold for target of 1559, 1603
HI ITS A GOOD PATTERN ASCENDING TRIANGLE TECHNICAL INDICATOR TREND LINE
Hi guys its a good pattern and its a ascending triangle
Add "Grasim Industries Ltd" | NSE: GRASIM to your watchlist. Good Swing Trading Opportunity if breaks the upper resistance as shown in the image. It is forming an inverse head and shoulder pattern Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing. Happy Trading and Investing :)
Looks good buying opportunity with favourable risk to reward ratio
The breakout happened with good volume and now it had given a retracement.. Looking good for a good upward move.
#RANCOCEM NSE: RAMCOCEM Short Term Quick Profit CMP 1024.30 Target 1152 SL : 977 Timeframe < 60 Days Can hold for longer time Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading...