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Grasimanalysis

Long Setup in Grasim IndustriesAn On Neck Chart Pattern Breakout happened on the Daily Time frame of NSE:GRASIM Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on a Daily closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish On-Neck Chart Pattern Technical Indicator :- Positive MACD Crossover
NSE:GRASIMLong
by raigvivek
Grasim - Cup and Handle formationGrasim is forming a cup and handle pattern on the daily charts and once it breaks the 1830 levels (which is a main pivot level as it forms the ends of the cup), a significant up move can be expected. Given that the RSI is also crossing 60, breaching of the 1830 levels can be expected in the next 1-2 days. Following the breach, the first major resistance will be at the 1890-1900 level, which is close to the all time high and also matches the 0.5 level of trend based fib extension. Hence this can be considered the 1st target and 0.786 and 1 levels considered T2 and T3 respectively
NSE:GRASIMLong
by CharanVelu
2
Grasim Chart Analysis !!📈 Grasim Industries 📉 This Stock Broke out from a resistance zone of 1600-1630 which was acting as a support also Oct, Nov and Dec 2021 and today managed to close above it. Bias - Long Target - 1778, 1920 SL - 1556 RR- 1 : 2.5 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:GRASIMLong
by ShelendrAgrawal
Simple Trade Setup | GRASIM | 14-12-2021 [ INTRADAY ]NSE:GRASIM Observations: 1) On 1day time frame,it managed to sustain above 50DMA. If it take support from 50DMA and trades above it then we can see an up move. 50DMA is placed at 1729.64 level. Please refer below chart : 1day Time Frame. 2) Also On 1day time frame, it made double bottom pattern and sustain above the mid neckline of it. Major breakout level range is 1360-1370 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 14-12-2021 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 respective level considering how price action works near that level.
NSE:GRASIM
by Trading_hawk
What next in Grasim ? Positional Trade 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 level will lead it to 1759 easily and we can see 1800 level in mid term positional long trade. Please refer below chart. you can also refer my previous idea of Grasim in Link section at the end of this idea.
NSE:GRASIMLong
by Trading_hawk
16
Simple Trade Setup | GRASIM| 11-10-2021 [Intraday & positional]NSE:GRASIM Observations: 1) On 1 day time frame, if we apply fib retracement for recent swing from low to high we can see that it is just above 61.80% level of FIB Retracement and level of 1590-1591 will work as good support now. Please refer below chart : 1day Time Frame. ------------------------------------- One can enter for positional trade from CMP with Strict SL of 1580 for the up side target of 1700 in short/mid term. But Safe positional buy trade entry will be once it maintain to close above 1620 level sustainably. ------------------------------------- Trade Setup for Date 11-10-2021: 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
1
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