GRASIM short term tradeThis could be traded with a very tide stop loss
Completing the correction, the upside will prevail
GRASIM trade ideas
Finally!Grasim has hit top and now its ready to come down to its support line.
take short train on this and wait for the money to fall on your hands.
you are welcome
DIWALI PICKS (GRASIM)DIWALI PICS OF STOCKS
Buying near the1917-1940
Stoploss 1840-30
TGT 2500/2700/3000++
Holding period more than a year
GRASIM | Investment Pick📊 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 businesses such as fertiliser, textile, etc.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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Grasim Cmp 1957 Bearish Candle @ ResistanceGrasim 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 06-11-2023 LONGGRASIM 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 Sectoral index for 1 week and 3 months
6. Monthly RSI above 60 Weekly RSI Above 50 and daily RSI rising
Can be a good Risk reward with resistance at 1959- 1990 - 2030 zones
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
GRASIM--Weeekly break and retest done. will Fly SOON.For educational purpose only.
Target1: 2000
Target 2: 2200
Hold for few weeks.
SL: 1830
Grasim looking good at the current support levels of 1870/-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 BullishGRASIM Looks Bullish
Buy at breakout or retest. Tragets given in the image.
Comment below for queries
Grasim (Swing)Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 1915
Target Price 2100
Note:- I am not SEBI Registered This Trade is only educational Purpose
Nifty outlook 18th Oct 2023Closing Range - 19700/19921
Extended range - 19618/20003
Bearish Harami formed in the previous session was negated today by a bullish hammer. The volumes are slightly better than yesterday's session. We again saw Indiavix cooling by another 3.5%. All these indicate a restricted downside. Nifty took resistance at the middle of the newly identified upwads channel. No major red flags today. We have seen stock reacting to results after a day or two. If HDFC Bank runs tomorrow, we have see shosrtcovering in Nifty post 19850.
Possible trade: Risk reward ratio is in favour of bulls. You can do long with low of 17th Oct as SL.
P.S. - 0.5%-1% return on capital can be considered good in intraday.
Trade-46/100-GRASIM-R:R Experiment-BuyBuying GRASIM in DAILY positional trade
Good structure making HH-HL.
GRASIM 16.10.2023ABCD pattern under formation
RSI bullish abv 60 on all time frames
tgt D Underway bullish with buy on dips
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
GRASIM GRASIM looking good in weekly time. And wait for first green candle for confirmation.
buy after above weekly candle close
please wait for weekly candle close.
NOTE- Only for Education Purpose.
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Cup & Handle breakout on weeklyChart is self explanatory.
It is not an investment advice. Only for Educational purpose.
Kindly do your own research before buy/sell decision.
Thank you!
GRASIM looks good for swing tradeIt has formed a very good uptrend pattern and after a pullback it has given a breakout.
grasim - sell Sell from cmp to 1960
easy tg 1946
tg2 - 1935
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Grasim Industries Break out play on cardsGrasim industries showing breakout and retesting on its charts with formation of cup and handle
Grasim (29 September 2023)Grasim (29 September 2023)
Head & shoulders Pattern in weekly chart
Buy at CMP -1940 or around 1860
SL - 1780
Target - Trailing
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Long Setup in Grasim IndustriesAn On Neck Chart Pattern Breakout happened on the Daily Time frame of NSE:GRASIM
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on a Daily closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish On-Neck Chart Pattern
Technical Indicator :- Positive MACD Crossover
