#GRASIMStock has formed cup and handle pattern and near to BO level for making its new high. Follow chart for support and resistance.
GRASIM trade ideas
GRASIM INDUSTRIES||12-12-2022||SHORT AND LONG TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Black up and down arrow--touches of support line
**cmp:1815
In this chart, I can see good CUP AND HANDLE pattern
The Resistance Line was breached with very good candle and retested looks good for long term 100% returns
keep following We will grow like healthy society.
SHORT GRASIMShort Grasim for bigger targets.
TWT_SUPER_POINTS has been able to capture the point of big move of the reversal
GRASIM IND :- DOUBLE BOTTOM PATTERNDouble Bottom (W shape) with 11 week long handle shaped up in Grasim Ind
Decreasing volume pattern seen during Handle formation.
Levels mentioned on chart & Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
Happy Trading(:)
Grasim LongWeekly chart is ready for all time high:
Entry Point: 1815-1820
Stop loss : 1615
Target : 2263
Risk-Reward: 1:2.25
Disclaimer: All information is for educational purpose only.
Kindly like or dislike the idea as per view.
Grasim Formed inverted head and shoulder pattern & gave breakoutCan keep this stock in radar as it gave breakout and sustaining above. Can give a good up move if broader market supports.
GRASIM 1DTriangle Pattern Breakout
Entry, Stoploss & Target already mentioned on Charts.
Wish you Happy & safe Trading.
Grasim Cup & Handle in Weekly chartCup & Handle pattern in weekly chart of grasim. Breakouts above 1820-1830
Grasim Daily TFA BO above green descending TL
can give a quick move up to 1827
and above that 1928.
Good volume and RSI too above 60
SL 1673 DCB.
Grasim (ATH Rally)Stock will aim for ATH if it start trading above 1820.
Previous resistances have been tested multiple times now.
Grasimthe fireworks in cement sector will extend further more , grasim is hovering near very important level . keep an eye .
Grasim Triangle breakoutBeautiful triangle breakout. Entry at cmp todip till 1760. keep sl 1670 on closing basis, Targets 1930-->>1980. Happy Trading!
Note:- I am not a SEBI registered. Before taking any trade consult your financial advisor and maintain your own risk.
GRASIMThis is an already active trade on daily time frame after breakout, but now it is making Cup and Handle on weekly time frame, weekly patterns take long time target so trade accordingly.
grasim indGRASIM IND ....
1 - forming inverted h&s patterm
2 - good volume
3 - good rsi momentum 64
buy abovr day high with SL @ 1770
target @ 1832 , 1860 , 1915
GRASIM IS READY FOR A BIG MOVE grasim is ready for a 15% to 30% move in short term. it can be more if market handshake with sl of 1754 ready for a ride ...
GRASIM | Symmetrical Triangle Chart Pattern
• Symmetrical Triangle Chart Pattern continuation
• Entry:- 1735.05
• Upside Resistances can become our targets.
Targets :- 1763 , 1772.50 , 1791.50
Stop Loss / SL :- 1697.55 Support zone .
Trend termination forecasting I have made an efforts based wave theory , One can look this post as an example
this is not a trade advise
thanks
GRASIM 1D SWING TRADE Grasim industries formed cup and handle pattern and it's near about breakout then we take this trade
Entry :1850
Target : 2600
SL : 1665
Risk reward : 1:4
Do your own research 🙏
Grasim Industries - Cup & Handle FormationSuperb pattern forming - Cup & handle.
SL and targets on charts.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
Bullish pennant pattern reversal in GRASIMGRASIM
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Bullish pennant Pattern .
📊 It can give movement upto the Reversal target of above 1785+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 1995+.
Double bottom Pattern breakout in GRASIM.GRASIM
Key highlights: 💡⚡
📈 On 30Min Time Frame Stock Showing Breakout of Double bottom Pattern .
📈It can give movement upto Breakout target of above 1780+.
📈 Can Go Long in this stock by placing stop loss below 1730--.
📈 Breakout this can give risk:reward upto 1:4+.
GRASIM CASe studyGrasim spot cmp 1750 levels
cup and handle pattern formation, where breakout can be confirmed above levels of 1835 , need 2 consecutive daily close above levels for confirmation
symmetrical triangle pattern formation, where counter have resistance zone around 1790-1825 levels and support zone around 1690-1720 levels.
decisive breakout on any side would lead to a move of 8-10% on either side.
pre assumption of harmonic pattern formation. if the formation goes according to ploting, counter would give sharp retracement to levels of 1450-1500 levels,
elliot wave suggest counter is trading in 5th wave of motive phase, now as there are cofluence of resistance around 1790-1830 levels wave 5 can be trucated in nature and soon the motive phase might come to end, now if happens so motive phase would lead counter to good retracement levels,,
time to book you long position on every rally, now investment should be considered only above levels of 1835 on 2 consecutive close,
Bulls need to be cautious at current juncture.
