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 trade ideas
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.
Grasim Long entry in 1hr Time FrameCup and handle pattern formation in Grasim 1hr Time Frame chart and Inverse Head and shoulder pattern and small consolidation,
Higher Time frame trend also looks strong, if 1hr candle closes above 1775 then it can go for 1820 levels,
if it continue and break 1850 levels then we can see 1900 level in very short time.
(this cup pattern sits with inverse head and shoulder patter in daily time frame)
--Educational purpose only.
Grasim - Cup and Handle formationGrasim is forming a cup and handle pattern on the daily charts and once it breaks the 1830 levels (which is a main pivot level as it forms the ends of the cup), a significant up move can be expected. Given that the RSI is also crossing 60, breaching of the 1830 levels can be expected in the next 1-2 days.
Following the breach, the first major resistance will be at the 1890-1900 level, which is close to the all time high and also matches the 0.5 level of trend based fib extension. Hence this can be considered the 1st target and 0.786 and 1 levels considered T2 and T3 respectively
Grasim-Cup and HandleGrasim forming cup and handle pattern. On the verge of breakout which can move it towards 1900+ levels and then towards ATH.
cup and handle pattern for swing trade#GRASIM cup and handle pattern for swing trade
buy if close above 1825 price on daily candle
target 2000
sl: as per your risk
comment your stock for analysis (no for intraday )
Grasim H&S pattern in Daily candle chartThis is the daily view of the same Grasim H&S pattern. Go long for a good 28-30% upside as per pattern. Trail the stop to capture bigger moves in coming times.
