GRA92 trade ideas
GRASIM For Swing and Intraday Trade on 07 Feb 2022Good for Intraday 07 Feb 2022 and Swing as Well. For intraday it is making a bullish flag pattern so we can look for long move depending upon the market trend and for Swing the Script has retraced from FIB Level.
Grasim Cmp 1772 dated 1-2-2022Grasim Cmp 1772 dated 1-2-2022
1. Trendline BO above 1775
Buy above 1775 for a tgt of 1825-1860-1885-1910
SL 1725
It is just a view, pls trade at your own risk.
Grasim Lons SetupWe are expecting the price to reach 1880 which can be a potential resistance level for stock, while on the downside support is at 1700. We can build a trade at CMP with a stoploss at 1700 and 1880 as target.
NOT AN EXCITING STOCK - GRASIM It can give decent growth. Small exposure to portfolio is good, not any major swing expected
BUY ABOVE 1835
STOPLOSS AT 1655
TARGET FOR 2005
GRASIM LOOKING FOR REVERSALon houly chart Grasim forming W pattern which is trend reversal pattern , volume also expanded buy at cmp sl will be 1662
Tringle pattern breakout in GRASIM . when to enter .As you can clearly see grasim gave a tringle pattern break out in daily chart . Now what further moves can be . According to me when these types of breakout comes market take a regression in upcoming candles . So on monday I will be waiting till 11:00 AM and than if market will be bearish I will not enter . But if market will be bullish i will take a swing position .
also check macd and rsi are strong .
And yu can see my targets on chart .
This is mine own analisys do yours as well its my opinion and should not be taken as tip.
[ INTRADAY ] GRASIM LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
Fresh Breakout in Grasim Good Opportunity for BuyingNSE:GRASIM
As whole market took a good correction , Grasim took a correction of
16% from its ATH. it took a trending resistance while coming down and
Broke it recently as well as gave breakout to the consolidation of past few
Days and seems very bullish and shoes a great opportunity for buying.
Addition to this CNXINFRA(NIFTY INFRA) has also gave a sectoral breakout .
as Grasim being its good member money inflow would start in it as well.
We can consider an entry on retracement or above the high of previous candle
for the given targets in the chart.
HAPPY INVESTING!!!
NOTE - THIS TRADE IDEA IS ONLY FOR EDUCATIONAL PURPOSE
WE ARE/WOULD NOT BE RESPONSILE FOR ANY PROFIT OR LOSS
Buy above 1932 SL 1900 TGT 1970 and 1993Suggestions are based on my analysis only. Please do your analysis before taking any trade.
GRASIM LOOKING GOODgrasim made a bull candle and give a breakout with strong bull candle keep eyes on this
Grasim looks bullish after 1878.Grasim on a weekly and daily time frame looks bullish once it crosses and closes above 1878 level.
It can test it's ATH and make new high in the coming week.
On Fibonacci retrenchment level target can be 197,2016 and 2077.
Wait for the breakout.
Price bounce from 62.5% retracement level in GrasimPrice bounce from 62.5% retracement level in Grasim
Detailed analysis given on the chart
NSE:GRASIM
GRASIM on move !!The stock is in uptrend .The RSI is above 60 and the recent targets are shown on chart.
Real time example [zigzag] [Education]Let's talk about each waves of zigzag
Our first question is, What is the Zigzag?
In chart, a, b and c is zigzag which very easy to understand by picture.
Its really easy to understand this wave counting if you read just below basic rules and Characteristics of Zigzags.
Rules:
- Wave A always subdivides into an impulse or leading diagonal .
-Wave A always subdivides into an impulse or leading diagonal .
- Wave B always subdivides into a zigzag , flat, triangle or combination.
- Wave C always subdivides into an impulse or diagonal triangle.
Grasim: On the verge of Falling wedge Breakout The stock is testing the resistance of falling wedge pattern.
1640-1630 which was previously a resistance should work as support and if stock bounce back from that level, then we can see a new rally for its ATH.
Final support can be considered at the double bottom formed at 1590 levels.
DISC: For educational purposes only.
Grasim Trendline Breakout Below 1590 -Grasim staying below the trendline is looking weak. Keep an eye on the price action at the trendline, the level to watch is below 1590 -.
~ Breakout Stocks App
GRASIM #TAView #OnlyEducationalRecent Breakout with good volume, 10EMA, 20EMA cross over. might pulllback a little bit.
Buy above 1802 SL 1878 TGT 1810 1818, 1857Suggestions are based on my analysis only. Please do your analysis before taking any trade.
