An 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...
I AM NOT SEBI registered advisor please consult financial advisor for your investment. This is only for educational purpose you can also share your thoughts on the comments \\Representation: **Green dashed line--Supportive line **Red dashed line--Resistance line **Black up and down arrow--touches of support line **cmp:1815 In this chart, I can see good CUP AND...
Superb pattern forming - Cup & handle. SL and targets on charts. Also this recommendation/presentation and all future ones are & will be only for learning purpose. Please consult your financial advisor before investing. Thank you.
Cup and handle pattern formation in Grasim 1hr Time Frame chart and Inverse Head and shoulder pattern and small consolidation, Higher Time frame trend also looks strong, if 1hr candle closes above 1775 then it can go for 1820 levels, if it continue and break 1850 levels then we can see 1900 level in very short time. (this cup pattern sits with inverse head and...
Trendline Breakout is observed in Grasim Future, Stock is trading in momentum. Today Up by 2.5% with volumes. We expected stock to head higher from current levels, We are buying Grasim future for the Targets of 1750 with Stoploss of 1620
📈 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...
Hi everyone, Grasim industries mid term swing trade consider buy above: 1,790, targets: 1,894/1,965/2,080, stoploss: 1,722. LOGIC BEHIND TRADE: Stock on daily chart has formed (W) pattern & near it`s resistance if breaks next resistance will be all time high above (ATH) on weekly chart (harmonic xabcd pattern level 1.618) will be activate & target will be 2,080....
Short below 1587 in Grasim. there is likely to be a support area breakdown.
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...
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...
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...
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...
Grasim with an inverted head and shoulder pattern! It can be the movement where it can continue making its ath! Stay cautious of the upper resistance of 1696!
Ecpecting good move if sustains above 1600 with a daily candle. Check for yourself and make your entry.
∘ Best Setup in Grasim ∘ Grasim follow Bullish channel : Higher High ( HH ) & Higher Low ( HL ) ∘ Buy at Dip & Sell at High
Wait and watch Enter only after the proper breakout