Grasim long Bullish divergence+ trendline break
Target 1- 1350
Target 2- 1398
In the hour time frame
GRA92 trade ideas
Clearly a uptrend in grasim.1-hour Breakout clearly shows an uptrend with volume supporting it.
1320 is an immediate resistance that will act as 1st target.
Grasim Cmp 1292 dated 20.4.2021Grasim Cmp 1292 dated 20.4.2021
1. Rectangular Consolidation break down @ 1300
2. RSI also has breakdown.
3. Price closed below MA50.
Sell with a stop loss 1335 tgt 1260 - 1215 - 1200
This is just a view, pls trade at your own risk.
#Grasim cash : Looks good sell around 1360#Grasim cash
15.04.2021
Looks good sell around 1360
stoploss 1400
Target 1320/1280/1220
Cmp 1350
Sell Grasim Below 1431-30 for intraday target of 1620Grasim can be weak at TL BD...
Rejections can be seen at high levels , can be a good candidate to sell below 1432-30
Grasim good short candidateGrasim spot cmp 1445
Strong resistance seen around 1460 to 1470 levels
2 times price rejection around same levels,,
On verge to break rising trend line support
RSI bearish divergence indicates weakness at higher levels,,
Rising wedge formation,,
Counter is ready for 5-7-10% crash,,
Good short candidate..
Grasim good short candidateGrasim spot cmp 1410
Bearish Butterfly pattern formation.
PRZ in range 1420-1430
SLZ zone above 1434 levels on 15 mins closing basis
Targets as per comfort..
Disclosure :- Already holding short in this counter from 1424 levels..
Good short candidate.
Grasim - Monday TradeGrasim has broken Resistance trendline and resistance zone in last session. If on Monday sustains above the zone (1407/1408) can consider for long trade
