Grasim after a strong impulsive move from 774 -742 , Yesterday It is with in 38% Range formed flat irregular, Expect another strong down move to 725-720.(approx, even more) Note : ( ~ ) 👈 approximate value
GRASIM - Bearish setup 4 hour chart analysis Harmonics Pattern Hope my Chart Helps !!!!
#GRASIM - 4 hours chart bearish shark pattern positional trade
SHORT NSE:GRASIM Two approaches for short : 1. Conservative approach: - Short at 492 SL 496 TARGET 485/480 2. Aggressive Approach: - SHORT below 483 SL 489 TARGET 478/472
All Levels Mentioned on Chart. Grasim is trading below the trendline support and expected to move down further.
Grasim - from past few days, trading in range. Currently on lower band of the range and also breaking trendline support. If continue to trade below 517 levels, we can expect further downside - upto 500 below. Incase if stock respects trend line support and bounce back - can look for long above 529 levels and can reach upto 550 levels.