Grasim is about to breakout cup and handle pattern on daily chart. 825+ level will make the stock stronger.
Grasim Looks good to buy btw 762-768 level, target of 803/823/840 --- Keep StopLoss if day closes below 745
- My setups are just based over the trendlines because every trader have their own strategy which plays out for them. - Over the higher timeframe the major support line for the Grasim is broken down and retest done. - Taking a short trade here for 1:5 R:R is good for me. or it's worth to take it. Taking this trade on futures.
Grasim showing Bearish ABCD Pattern in the daily chart. Short Grasim @ 845-855 levels!
IT HAS FORMED BROADENING PATTERN LET IT CLOSE ABOVE UPPER LINE TARGET FOR LONG IS GIVEN IT MIGHT ALSO COME DOWN TO LOWER LINE IF DOES NOT CLOSE ABOVE UPPER LINE ON CAndle CLOSING BASIS AND TARGET GIVEN FOR SHORTS too note: for education only