Grasimanalysis
Long on Grasim IndustriesHey Guys,
Go long in Grasim Industries and yesterday it gave breakout of 15 min Time frame chart but due to sudden pressure in NIFTY it can't sustain but now it gave breakout and retested as well in the last period of time and there is a strong possibilities that it can make tomorrow new 52 week high and can move towards 1600 , 1700 levels from here a sharp upmove expected. so get ready for tomorrow
follow me for more and ask any other stock for analysis
Grasim Industries Ltd 1DAY TIME FRAME
Grasim Industries Ltd
POSITIONAL
01-06-2021
TIME FRAME :1DAY
ENTRY : BUY ABOVE 1475
STOP LOSS :1420
TARGET :1482/1518
-----------------------------
Note: we are not SEBI registered investment advisor. don't take any decision individually.
kindly do your own research or consult your financial advisor before taking any financial decision.
GRASIM Short/Long For Swing Trading🅾 GRASIM Short/Long For Swing Trading (Flag & Pole Pattern) :-- 🅾
Three days after the stock breakout (breakout with strong volume & Candle high Close), if the consolidate to the support / resistance and then out of the consolidation zone, very good movement can be found in the case of SWING trading
Ⓢⓟⓔⓒⓘⓐⓛ ⓝⓞⓣⓔ :
There is no setup in the stock market that is 100%, here the idea can be found only by analysis. Here I have tried to present to you what I can see from my point of view only by analysis.
Please don't mind.
Comment: 🅻🅸🅺🅴 & 🅵🅾🅻🅻🅾🆆 & 🅲🅾🅼🅼🅴🅽🆃
GRASIM - Inverted bullish hammer at dynamic supportNote: This is for educational purpose only.
21 EMA seems to act as dynamic support. Moreover, 21 EMA is above 55 EMA which indicates short term bullish momentum. RSI at 58 is nearing bullish momentum. There seems to be a inverted bullish hammer at dynamic support.