GRASIM trade ideas
GRASIM 1D chart - travelling through a channelPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
#GRASIM CASH : LOOKS GOOD ABOVE 863.10#GRASIM CASH
22.11.2020
LOOKS GOOD ABOVE 863.10
STOPLOSS 852
TGT 874-875/888
CMP 856
GRASIM LONGSeems great as major resistances crossed after 2 years so could look forward for 1200 levels in 6 months
Grasim INDUSTRIESNeeds to be above 0.5 retracement 842 Target 950 (0.618 retracement)/
Please review this as I am new to Technical analysis.
Alternate Bat (HARMONIC PATTERN)ALTERNATE BAT
Details as below
NSE:GRASIM XA - High (836.9) and Low (385.05)
AB = .382 of XA
BC = .5 of AB
CD = 3.618 of bc (844.05) and 1.13 of XA (895.6)
Do share your view and correct me if I'm wrong
Grasim#grasim followup... See Related idea posted few days back....moving good from 840...Stay bullish here for at least 950+
#GRASIM CASH : LOOKS WEAK BELOW 830#GRASIM CASH
19.11.2020
LOOKS WEAK BELOW 830
STOPLOSS 838
TGT 823/816
CMP 836.75
GRASIM testing its channel breakoutbuy above 854 or short if it goes in the channel again with momentum
Grasim Sustains above its resistance. Go longPositional Trade:
GRASIM Buy: 772; T1: 830; T2: 950; SL: 735;
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-Mohit Rajani
GRASIM - Inverted bullish hammer at dynamic supportNote: This is for educational purpose only.
21 EMA seems to act as dynamic support. Moreover, 21 EMA is above 55 EMA which indicates short term bullish momentum. RSI at 58 is nearing bullish momentum. There seems to be a inverted bullish hammer at dynamic support.
