GRASIM trade ideas
GRASIM - swing trading its trendline breakout for swing trading purpose near grean resisitance line is a target
GRASIMNSE:GRASIM
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
GRASIM INTRADAY STOCK TRADING PROFITKINDLY SWITCH TO 5MIN TIME-FRAME
Used my Analysis on 15min chart. Traded on 5min Time-frame.
After Breaking of Resistance waited for pullback then entered.
Profit Booked 1:4
Keep following Liking I will give trading setup on weekend.
Grasim - Bullish above trend line - Keep on radarGrasim playing with rend line. Will be a good R&R above trendline.
GRASIM INDUSTRIES_ROUNDING BOTTOMGrasim Industries looks like a Rounding bottom on the daily chart and the weekend close is also looking good. If the price sustains above 1533, It will move higher.
DO YOU KNOW HOW ORDER BLOCK WORK ? i found two ob in that level .both ob's are close each other so we consider both ob,s for mitigation. so wait to take proper candles conformation before taking entry. so thats my observation
GRASIM BEARISHGRASIM INDUSTRIES STOCK can go bearish if candles are sideways near its resistance and fall with a volume hike.
do your OWN ANALYSIS before taking any trade.
ONLY FOR EDUCATIONAL PURPOSE..!
Grasim - sell near 200 smaSell > 1600 upto 1615
easy tg 1580
2nd tg - 1560
Disclaimer : This is my personal analysis for study purpose not intended for trading
GRASIM - Trend Line Rejection / BreakoutHi Traders,
GRASIM is nearing to Trendline Resistance in Daily timeframe , if any Buying momentum we can expect breakout on the higher side to go Long.
Incase any weakness with strong Rejection at the trend line we can look for Short entry.
Thanks
Grasim stock to take long entryLong Grasim . wait for the right entry. Details given on charts. Keep the stock in your watchlist. This is for your education purpose only by Trader stock tech.
GRASIM - 27th July 2022Grasim making classic Pattern with Key Area at 1520.
Closing for 3 consecutive days above this levels needed for pattern confirmation on upside.
GrasimGrasim is bullish last 2 days, can continue atleast first half today, if general market sustains this upside then expect the next target.
A corrective Structure ((a)) = ((c)) Elliott Wave.Corrective Structure ((a)) = ((c)) Elliott Wave.
By using Fib. Retracement wave ((a)) = ((c)) at 1307
There's highly confident trade setup can be below ((a)) = ((c)) for bottoming out.
The price is under the wave ((5)) of wave ((c)).
By looking closely, it's time to take entry in the deeper price for a u-turn.
The wave ((a)) and wave ((c)) also sign of a turning. This is a beautiful structure.
The whole corrective structure by using Elliott wave.
A parallel- Channeling technique :
Shortly, I will add more research on this post.
GrasimBreaking out of consolidation.. if it sustains with todays close then can be looked for long side
GrasimRectangle breakout and trend breakout awaited.. once broken with good volumes then will check for longs
Grasims inverted head and shoulder pattern on 1 hour chartGrasims - inverted head and shoulder pattern on 1 hour chart
Can be a long for short term with a candle close above 1370
CUP AND HANDLE PATTERNGrasim has formed cup and handle formation on 30 mnts chart so buying could be done above 1340 for the stop of 1310 levels to the tgt of 1370 and for positional players stop goes for 1280 and tgt is 1400 levels
LONF ON GRASIMNSE:GRASIM
I t is short term trade
The stock is at daily support zone
It can show 1500 in near future . As its near resistance is at that price
This is for educational purpose .
Grasim - A swing Trading OpportunityChart Published is giving us a good look at the potential buying opportunity as it is testing weekly previous resistance zones as support.
In Weekly charts it is testing the same levels which used to be resistance once and now acting as support.
Price is holding these levels and making a range.
But remember until it closes above the consolidation zone no entry is to be taken as price might break down too.
Why we should buy at these levels?
Ans is simple risk to reward is good.
2 Targets has been plotted for the reference.
Keep an eye.
Fingers crossed & Happy Trading.
Thanks & Regards
Saurabh from Learner's Paradise.
