Grasim may fall to 620 levels soonerGrasim may fall to 620 levels sooner
Entry levels: 670-710
Stoploss:716
GRASIM trade ideas
GRASIM TRENS REVERSAL ?sell the stock potionally
at 765 to 770 for targets
744/720 / 708/682/666/643/600/573
there two reversal points
R1 AT 710 TO 720
STOXK CAN REVERSE HERE FOR THE TARGETS SAME AS MENTIONED
R 2AT 765 TO 770
FOR TARGETS MENTIONED
SL 810
Breakout of resistance in Grasim . Go LongBreakout and retesting is done . Go for long for long @680
GRASIM BUY @622GRASIM SHORT TERM BUY @ 622 -625 RANGE TARGET 636 -640
GRASIM CONSOLIDATED MULTIPLE TIMES @ THE RANGE 622 THERE WE CAN SEE A STRONG SUPPORT, AND 640 ACT AS A NEAR TERM RESISTANCE.
---------------this is not for a buying recommendation for your study purpose----------------
Grasim Breakout Swing BuyEarlier idea was shared on 06 Aug for Swing Buy if (645-650) breaks. But breakout came yesterday with good volume. Buy for swing in any dip near 655 for target 680, 730
Grasim longGrasim is forming a cup and handle pattern
Wait for closing above 650 and go long for higher targets 670/690/710
Price Bullish at resistance, wait for the break.Price trading at previous resistance and trying to break the level. Wait for the break and let it hang around for sometime then look for buying opportunities. Scalpers just go for it.
Grasim Short I hope you can now see how Grasim represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Example presented in these chart is for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
GRASIM Short at 634 , AT Resistance levelI will SHORT on GRASIM because:
1) The price is under Support/Resistance zone.
2) It has touched the resistance and may reach the support zone .
3) Target would be the Support area . Book profit when it reaches its support .
4) The price is also forming a Chanel or Rectangle Pattern .
#GRASIM - 4 hour chart bearishGRASIM - Bearish setup
4 hour chart analysis
Harmonics Pattern
Hope my Chart Helps !!!!
