This has one more drop before it makes turn around for Major Upside move ,
Look for short selling in Futures , the rally is over and Look to buy when it starts waning near the possible fore cast as possible low for turn around ,cover shorts and go long for Next upcoming impulse once brake the long term trend let the trade run and You Go to Americas your trade...
I have analysed Grasim as short trade with very limited stop loss... I believe short position can be created confidently if nifty also shows some weakness....Right now nifty is supreme bullish..
Kindly watch market scenario because shorting is not preferable in this strong market.. Kindly analyse properly before making any positional trade because i...
As mentioned in yesterday technical researched, GRASIM future made high 828 as mentioned accurately in impervious researched.
Question: Will it confirm to move?
Yes, if trade below 800 today and close below it.
Exception is Volume is not increased.
I have updated date and price. both are acting perfect.
GRASIM : Looks good to LONG @ 818.30
STOPLOSS : 803.05
TARGETS : 824.45 - 831.65 - 838.85
DISCLAIMER : I am not SEBI Registered.
This #view is for study purpose.
Consult your Advisor, before Trading & Investing.
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