GRASIM trade ideas
Grasim Industries gave a good breakoutmajor resistance zone breakout,
Neck line breakout
cup and handle pattern
Flag pattern
Grasim - Text Book Volatility contraction pattenNSE:GRASIM
Mark Minervini's signature VCP pattern :
- Strong trending stock above 200, 150 and 50 dma
- Positive trending Relative Strength
-3 T volatility compression pattern, with extremely tight price action in the last leg
grasima wonder full set up
target 2400 with stop 1425
flag and pole + cup and handle + ascending triangle
[Swing] Inverse Head and Shoulders breakoutSpotted Inverted Head & Shoulders breakout in daily chart.
Disclaimer: This is meant only for education and also to track my own progress in learning TA. I neither recommend nor suggest anyone to take this trade.
GRASIM in Ascending TriangleGRASIM forming an Ascending triangle on daily chart.
CUP & Handle pattern also seen in it.
RSI is above 60 indicating bullish momentum intact.
GRASIM : Preparing itself for a breakoutNSE:GRASIM is contracting for nearly 2 months and getting ready for a breakout from ascending triangle. Watch out for daily or candle close above 1500 with with good volume before initiating position.
Grasim Strong Rejection - Short for target 1360Grasim again strong rejection at Rs 1460. One can short for target 1360 in coming week.
GRASIM Industries - Long | Intra, SwingHigh chances for a breakout. Can be a good long position. High volume trade can be seen today which further confirms breakout chances.
NSE:GRASIM
Grasim Ind Long Set-up Chart is self explanatory.
Visit Tgram for more such ideas.
Tgram: Stocks 101
I want to be a buyer above the leveli will only enter after the breakout if reversal then I'm not entering simply biased
Grasim looks bullish#positional
Grasim (CMP: 1471) is forming ascending triangle pattern if it broken and sustain upside the long positions can be taken here, keep it in watchlist and trade as per the charts
Grasim Industries Ltd 1DAY TIME FRAME
Grasim Industries Ltd
POSITIONAL
01-06-2021
TIME FRAME :1DAY
ENTRY : BUY ABOVE 1475
STOP LOSS :1420
TARGET :1482/1518
-----------------------------
Note: we are not SEBI registered investment advisor. don't take any decision individually.
kindly do your own research or consult your financial advisor before taking any financial decision.
Possible Breakout in GRASIMNSE:GRASIM
Sustainable breakout in GRASIM to be expected.
Strong Volumes.
Ready for a breakoutAn Ascending Triangle has formed. Volume has started increasing. It might give a breakout.
