Grasim : Channel Breakout Possibility Long above 2220 with support at 2150
Grasim Was running under pressure in past many years and a year ago it gave a quite good breakout but still it was in the range for a whole year and finally we can see that the with the good quarterly results it gave breakout.. Fundamentally we can see the increasing capex in the budget and which will help to infrastructure development and that is why the Grasim...
Uptrend line breakout and selling movement with red candle low price
Possible bo from pattern with rsi > 60. Similar bo seen recently as marked in chart
Price is trading decisively above its previous medium term peak of 1930. The uptrend is expected to continue to test 2775-2950 zone (261.8% Fibonacci Retracement levels). Bullish outlook remains intact as long as price is above 1930.
this is trading at previous swing support at 0.618 and expecting a good rally from current price
GRASIM:- After this, a breakout is about to happen, the stock has been consolidating near the resistance for the last 3 months. If we get a breakout, we may see upside movement. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like...
This could be traded with a very tide stop loss Completing the correction, the upside will prevail
DIWALI PICS OF STOCKS Buying near the1917-1940 Stoploss 1840-30 TGT 2500/2700/3000++ Holding period more than a year
📊 Details Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India's largest private sector companies. On standalone basis, GIL’s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. It also has certain other...
this is taking good support hence thi can be move further high in coming session.
Grasim Cmp 1957 dated 23-11-2023 1. Pennant Pattern 2. Bearish Candle @ Resistance 3. RSI Divergence Sell below 1950 target 1940-1920-1900-1890-1875 SL 1985 It is just a view, please trade at your own risk.
GRASIM INDUSTRIES LTD is an interesting chart for following reasons 1. Weekly chart : Long ascending Triangle breakout and its retest during last week and price taking support at trend line at 1824-1830 zone 2. 20 week SMA support at 1840 levels 3. Daily ABCD pattern under formation 4. Daily - Stock Making higher highs for last 3 days, 5. Outperforming...
For educational purpose only. Target1: 2000 Target 2: 2200 Hold for few weeks. SL: 1830
Grasim is nicely taking support at CMP 1870/- and looking good for higher targets of 2000+ Though the overall market sentiments are not looking good but this script is looking promising.
GRASIM Looks Bullish Buy at breakout or retest. Tragets given in the image. Comment below for queries
ascending triangle pattern in monthly chart. CENTRAL PIVOT RANGE MONTHLY, WEEKLY.