GRA92 trade ideas
GRASIM BearishGrasim closing 1561.2 with stoploss 1590 then targets are 1452.
Selling Reason.
1 --> Price ready to break support.
2 --> Volume is also show the sellers active more then buyer.
3 --> RSI is break the 40.
4 --> ADX is show the Bearish move -DMI is rise.
5 --> Bollinger Band is open in downside.
Grasim Bearish#Grasim closing 1595.9 with stoploss 1640 then targets are 1550-1500-1450.
Selling Reason.
1 --> Price Retest the Trendline and come down.
2 --> RSI is 44.1 and come to Break 40.
3 --> ADX is show the #Bearish move coming and -DMI is Rise.
4 --> #Volume is also below the Average Volume and not more come.
5 --> #Bollinger Bands are ready to squezee.
reversal playGRASIM has formed slanted inverse head and shoulder after a downtrend.
depth 143 points 9%
Disc- invested
Expected to be bullish Stock got good support at weekly candle
Expected to move higher side huge SL but worth to try out
Educational purpose only
Good risk reward set upStop DCB 1550
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Short below consolidation areaas price is now trading below the consolidated area i expect price will fall further
Taking up a trade with RR 1:1.5
GRASIM IND 2hrGRASIM INDUSTRIES Looking good for upside..
When it break level 1645 and sustain.. it will go upside...
BUY GRASIM @ 1645
Target
1st 1661
2nd 1686
Enjoy trading traders.. Keep add this STOCK in your watch list..
Swing trade for tomorrow The basic Principle of the market is that no trend is permanent .
Trend comes and go but markets always gives hints for the reversal.
so in GRASIM I have observed that it is falling for past few week but in the last weak the stock is consolidating in a range
secondly if notice in the smaller time frame of 15 minutes the price is making higher lows which also represent the strong buyers then the sellers
thirdly in this price range the volume in the stock is increased which might also be the indicators entry of new investors
lastly the buyers tried to break the resistance earlier but sellers did not let it sustain but now the buyers has again overcome the sellers and break the resistance again which shows that sellers are not able to sustain the past downtrend so we can expect sellers to leave and cover up above 1620
so finally the point we can buy above 1619 with stop loss of 1604 and for the targets i would prefers trailing stoploss instead of selling early
Grasim Ind Grasim Ind is in Down Trend..
When level 1602 break out.. it will go upside..
Target
1st - 1619
2nd - 1635
Grasim BreakoutGrasim Cmp 1819.65
Buy At Cmp & On Dips
SL - 1668 ( Day Closing Basis )
Target - 1950/2000
intradayinverted H&S pattern
only for long side with good breakout candle
follow your risk management
GRASIM 1DBreakout Done.
Heavy Momentum
Trade as per your RISK
Wish you Happy & safe Trading.
Please Note:
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
BUY GRASIM FOR SWINGGiven double bottom breakout with trendline breakout buy above 1840 for target of 1930 , 1996 with stoploss of 1784
Why Grasim can blast a brief anaysis!!NSE:GRASIM is looking Good to enter if you want to invest in Nifty Infra for the upcoming weeks.
Even though volatility in the market has started to increase. It is stable and holding its levels Positively.
With every Swing in it, volatility is reducing & it can give huge returns in a shorter period.
One Can take Stop loss near the zone of 1760 (Tight SL) and 1700 as a (Loose SL)
Trade horizon can vary on movement of the stock, (Ideally 3-6 months)
I'll keep you updated here so make sure to follow for updates. and you can ask questions in the comments.
Follow for Such Ideas
Grasim Flag Pattern 1 hour Flag Pattern observed in Grasim 1 hour TF
If breakout is confirmed, Target 1945
Grasim Industries : +9% to +30% Upside PotentialGrasim Industries : 14 Dec 2022
Summary :
• BO with Volume (28 Nov 2022)
• Base of 3 months
• Approx 1 year of Head & Shoulder Pattern
• Potential of +9% to +30%
Conslusion:
• CMP 1830
• Long positions can be initiated
• Stop Below 1775 or 1675 for longer term target
• Higher targets could be around
o Short Term – 1981/2103
o Mid to Long Term – 2221/2340
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
#GRASIMStock has formed cup and handle pattern and near to BO level for making its new high. Follow chart for support and resistance.
GRASIM INDUSTRIES||12-12-2022||SHORT AND LONG TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment.
This is only for educational purpose you can also share your thoughts on the comments
\\Representation:
**Green dashed line--Supportive line
**Red dashed line--Resistance line
**Black up and down arrow--touches of support line
**cmp:1815
In this chart, I can see good CUP AND HANDLE pattern
The Resistance Line was breached with very good candle and retested looks good for long term 100% returns
keep following We will grow like healthy society.
SHORT GRASIMShort Grasim for bigger targets.
TWT_SUPER_POINTS has been able to capture the point of big move of the reversal
GRASIM IND :- DOUBLE BOTTOM PATTERNDouble Bottom (W shape) with 11 week long handle shaped up in Grasim Ind
Decreasing volume pattern seen during Handle formation.
Levels mentioned on chart & Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
Happy Trading(:)
