GRA92 trade ideas
GRASIM - Bearish Shark - 4H TFBearish Shark pattern on 4H Chart of GRASIM . SELL 645-646, SL 654.1, Target(s) - 638, 634
Idea 🔻 on GRASIMHello, here is the full analysis on NSE:GRASIM , let me know in the comment section below if you have any questions.
I will take a short trade near the 620 price zone.
Target: 570
SL: 645
Time: Near 2 weeks
The entry will be taken only if all rules of the strategies will be satisfied.
I suggest you keep this NSE:GRASIM on your watchlist and see if the rules of your strategy are satisfied.
Please LIKE, COMMENT & FOLLOW, thank you!
HEMANG BHAVASAR
Grasim - ABCD + 200 DEMA A good buy at CMP (or dips) for targets of 640, 645.
A close above 646 (200 DEMA & Long term support/resistance) on Hourly chart can open higher targets too!
BearishWe can see that the stock has tested Rs 633 level three times. It is not bullish at all. It will go down in a few days.
keep eye in grasim grasim in range keep eye in grasim for tgt 690 in 15 days expating with a sl 613
ragebound ractangle .
700 coming soon for grasimFor intraday traders, levels are given, it will reach 700 in coming days but remember there will be a small retracement or profit taking session in between but the overall sentiment is bullish. BUY ABOVE 640 WITH A TARGET OF 680 FOR WEEKLY POSITIONAL TRADES.
GRASIM, TREND LINE & RESISTANCE BO WITH VOLUMEGRASIM has given breakout from 8 month TREND LINE and closed very near to horizontal resistance line around 636.
If this trade above 637 (643 for safe trader) in Monday's session then it can give good move in intraday. If this good closing on Monday then around 680 is next big resistance and it can be possible positional target. Please note NIFTY trend is currently volatile and we need NIFTY support for same to sustain.
FOR MORE INTRADAY RECOMMENDATIONS & CHARTS REACH OUT.
Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need.
Reach out if you wish to learn simplest form of price action and willing to put effort in practice.
Watchout my previous ideas to understand how easy it is to understand price action and earn from it.
Cheers!
Piyush Gupta
[PRZ] GRASIM Short IdeaRefer Charts for Details
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 at "where" to act on "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Postional" - means You can carry this positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" - means These are weekly options trades. If I don't explicity write the Expiry, I am talking about current week's only.
"Bounce" - A swing Trading Pattern. Google - "unofficed bounce"
"3BB" or "Entropy" - A Bollinger Band Based System which uses Bollinger Band to screen trade and Price Action to Enter. Google - "unofficed entropy".
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In case of Intraday trades, it is mostly the "Day's High".
In case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. My trades are live in my forums, in comments, on Youtube. You can tail me if you want to do so.
=======
I will keep adding this description and it will be the same or similar in most of the trades I post.
Bullish Engulfing Just simple trendlines and volumes
1. Formed bullish engulfing today.
2. Took support from the trendline.
3. Good green volume.
4. OI Buildup Long
Buy above 600 only once it breaks the Symmetrical triangle. Stock is respecting the trendlines
Trade with caution. Always trail your SL for more profits and capital protection.
GRASIM : Buy opportunityMy wave analysis suggest a good buy opportunity.
Check the chart please.
IF you LIKE my charting, please CLICK ON LIKE button. Thanks.
Happy Trading.
grasimif it breaks the current cmp-596.25 thentaget will be 600 stoploss - 595
if it breaks 600 and sustain for 1-2 day it may touch 700 stoploss will be 600
GRASIM DAILY | Go LONG !!!!!GRASIM Industries showing a recovering trend post covid-19 setback.
One of the leading textile manufacturer , global player in chemical producer and largest cement producer company; also provides finance services.
The graph seems to be bullish. Go LONG.
