After consolidation stock is getting ready for new highs Once cross 2274 Massive surges 2400 CE April Series
Grasim Industries , a prominent player in the Indian conglomerate landscape, presents an intriguing prospect for swing traders, as evidenced by a convergence of technical factors signaling a potential upward rally. Reasons are listed below : The repeated testing of the 2175 level underscores its significance as a critical support/resistance zone. With the...
Happy learning with trading. I just shared my view. If correct give me one like. If not correct me. Points to Note: 1) bounce from resistance area and possible to reach immediate support. 2) if breaks the support line we are good for sell entry for the target. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please...
📈 Stock Name - Grasim Industries Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 2290. 🚨Disclaimer: This is not a Buy or Sell...
Exit your long positions in Grasim Industries below 2220.65 as marked by the horizontal line. Please do not get trapped. Time candle has also been marked on the chart. Disclaimer: I am not a Registered Analyst with any of the National/International agency and it is only for educational purposes. Please consult your financial advisor before making any...
Grasim industries has good bulish flag pattern breakout. Above 2226-2245 closing can give good upside in the future. and also retest done very good move chance to breakout all indicator is show strenth but one thing market is life time high no one perdict how much point going up but one thing note always when market is fully high and you are swing trader so...
The rising wedge pattern typically occurs after an uptrend and signals a potential reversal in the security's price. It is a bearish chart formation commonly observed in technical analysis within the context of trading and investment. It is characterized by converging trendlines, where both the support and resistance trendlines are sloping upward, but the slope of...
Buy around 2045 upto 2035 sl close below 2030 easy tg - 2070 Not suggested Disclaimer : This is my personal analysis for study purpose not intended for trading.
Grasim Cmp 2169 dated 9-2-2024 1. Rectangle Consolidation BO above 2185 2. Bullish Engulfing candle Bu above 2185 target 2200-2225-2250-2275-2300-2340 SL 2100 It is just a view, please trade at your own risk.
Grasim : Channel Breakout Possibility Long above 2220 with support at 2150
Grasim Was running under pressure in past many years and a year ago it gave a quite good breakout but still it was in the range for a whole year and finally we can see that the with the good quarterly results it gave breakout.. Fundamentally we can see the increasing capex in the budget and which will help to infrastructure development and that is why the Grasim...
Uptrend line breakout and selling movement with red candle low price
Possible bo from pattern with rsi > 60. Similar bo seen recently as marked in chart
Price is trading decisively above its previous medium term peak of 1930. The uptrend is expected to continue to test 2775-2950 zone (261.8% Fibonacci Retracement levels). Bullish outlook remains intact as long as price is above 1930.
this is trading at previous swing support at 0.618 and expecting a good rally from current price
GRASIM:- After this, a breakout is about to happen, the stock has been consolidating near the resistance for the last 3 months. If we get a breakout, we may see upside movement. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like...
This could be traded with a very tide stop loss Completing the correction, the upside will prevail