With the whole cement sector buzzing, one stock which hasnt done that much relative to the rest of the sector coz of the Idea overhang is Grasim Long Above 542 with SL below 527. Short term trade.
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX Wait for entry setup, if available then Long/short. Reward is 8 to 15 times.
It can make a tower like rise similar to Apollo Hospital. Massive Price action! Keep a tight stop loss. I will update here!
It is been observed on daily chart that the price action formed a bearish Head and Shoulder, indicating a further weakness ahead. Target: 1100 Stoploss: 1165
It is been observed on the Monthly Chart that the price action is trending up by making higher lows and higher highs (indicated on the chart with a long upward moving arrow). Hence it is providing a good investment opportunity at current levels. It is also fundamentally strong company and with interest rate and inflation going down shall benefit the company's...
It is been observed on Weekly chart that the price action forms a bearish pin-bar candlestick pattern indicating rejection of higher price action and seller dominance over price action. Now, it shall further move down to next support levels. Target 1: 800 Target 2: 750 Stoploss: 880