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!
Head and shoulder + Cup & Handel Both patterns are applying now with volume In F&O Buy Oct future and Sell Sep 1660 CE Eat full premium if not touch this price. If you want to hold a position then After this expiry sell 1660 Oct CE and hedge your position for sefty.
Ecpecting good move if sustains above 1600 with a daily candle. Check for yourself and make your entry.
GRASIM - 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.
Wait and watch Enter only after the proper breakout
HI ITS A GOOD PATTERN ASCENDING TRIANGLE TECHNICAL INDICATOR TREND LINE
After the breakout, the retest volumes have been low. The stock seems ready to break the trendline and move upwards. The trendline break should be convincing with high volume and the candle should depict buyers in control. Previous resistance will act as a support. NSE:GRASIM
Hey 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...
Hey Guys, Get Ready for Upside movement in Grasim Industries as it retested very well its breakout area now it is ready for targets of 1550, 1600, 1700 and many more today it was doing very well but due to sudden pressure in Nifty it shades off too its gain due to selling pressure which is highly unlikely not possible to take nifty below 15500 and 15500 levels...
Het Guys, Strong Pull back expected tomorrow as in above chart it closed above its strong Buying area on which high rejection found today itself so there is high chances for targets tomorrow to open flat to positive and will be trending for targets of 1550 might be achieve tomorrow itself and 1600 and 1700 in some upcoming sessions. Follow for more ideas and...
Hey Guys, Grasim Industries looking good for short term sharp upside move expected
Hey Guys, Grasim Industries gave breakout of triangle pattern and which clearly denotes upcoming levels of 1600, 1700, 1770 so buy for the momentum now otherwise you may loose this opportunity to gain more with momentum
GRASIM ▷ Formation !!!!! Breakout alert ahead. Self explanatory chart. For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
- Complex Cup and handle pattern formation in $GRASIM - Good volumes during breakout - Entry can be made after retest to levels of 1470-1475 for good risk reward ratio - Expecting a move of 10-12% from breakout level - Don't chase if it continues bullish movement * Educational Purposes only
Grasim gave breakout from ascending triangle and expected to give a level of 1713. Can be accumulated at CMP 1503 with a stop loss at 1432. Risk Reward Ration 1:3 For Educational Purpose Only.
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.