GRA92 trade ideas
Grasim intraday idea for 23rd JunePossibly Grasim is going to have momentum tomorrow. Place SL@0.25% from the entry point as mentioned on the chart.
CUP AND HANDLE pattern on Grasim daily chartThere is a beautiful CUP & HANDLE pattern on GRASIM daily chart which is about ready to breakout. This breakout can be ALL TIME HIGH breakout also. Grab it guys.
GRASIM - Rising Wedge patternGrasim forming rising wedge pattern... look for break of the wedge to enter the trade.
GRASIM - Triangle Breakout- LongHi Guys,
Greetings!!!
Trading Checklist:
Script Name: GRASIM
Trend : Uptrend / Downtrend
EMA: Bullish / Bearish
ATR Volatility: Peak / Down / Flat
Time Frame Analysis: 1Hr / Daily / Weekly / Monthly
Candlestick Pattern:
Whether any Trend Reversal Pattern? Bearish Engulfing
Candlestick Pattern was support with good volume? No
Chart Pattern:
Channel Pattern / Flag Pattern / Triangle Pattern / Head & Shoulder Pattern / Cup and Handle Pattern / Raising Wedge / Falling Wedge
Breakout Happened with good volume? – Yes / No
Before Breakout Buildup (Consolidation) was happened? Support or Resistance
Retest Happened? No
Support: 1352
Resistance: 1469
Buy / Sell Price: 1472-1475
SL: 1415.90 (Daily Closing Basis)
Target: 1593.15
Risk: 59.05
Reward: 118.10
Ratio: 1:2
Whether Trade is Favorable or Not? Favorable
Regards,
Thenali Views
Grasim... Ready to fly..The breakout happened with good volume and now it had given a retracement.. Looking good for a good upward move.
GO long above 1495Trendline broken and it is in Restest zone in Daily
TF, Go long above 1495, SL - 1480 - Target - 1510, 1517
GRASIM BREAKOUTAfter the breakout, the retest volumes have been low.
The stock seems ready to break the trendline and move upwards.
The trendline break should be convincing with high volume and the candle should depict buyers in control.
Previous resistance will act as a support.
NSE:GRASIM
Ascending triangle break-out and retestAscending triangle break-out and retest, low risk trade with >10% upside in 3 weeks. R:R>5
