GRASIM INDUSTRIES TARGET 1886GRASIM INDUSTRIES weekly downward wedge breakout. If it opens above 1780 and sustain above 1803 it will reach 1886
GRASIM trade ideas
12 Sept | Nifty Banknifty prediction | Best stocks to trade12 Sept | Nifty Banknifty prediction | Best stocks to trade
Grasim swing entryGrasim giving great entry with better risk reward of almost 1 : 4.6, where sl is 1599, and final target is 2100 level, however I between small hurdle would be at 1790, and 1930-1980, recently it gave a golden crossover opportunity on weekly chart where ema 20 crossed ema 50, also broke descending trendline connecting jan22, apr22 on friday and today gave a follow up. Last time when ema20/50 crossover happend it was at 750 level on weekly chart.
Downtrend parallel channel pattern in GRASIM.Discription:
Stock Name: GRASIM
Chart Pattern: Downtrend parallel channel pattern
Time Frame: 1 D
Entry: Reversal From Resistance level
Targets: Reversal Target upto support level
Expecting a downside in Grasim (Positional)NSE:GRASIM
I am expecting a downside in Grasim, because the price is facing resistance near the trendline, and the trendline has not been tested multiple times so it is a strong trendline. The MACD indicator is giving a sell crossover. The RSI is also moving down indicating a falling bullish momentum. So because the confluence of the technical indicators I am expecting a downside move in GRASIM. The SL an Targets are shown in the Chart.
Disclaimer : This is my own views and Analysis. This is only for educational purposes. It is not a recommendation, call or a tip.
rrasim ind....GRASIM IND ....
1 - forming cup and handle
2 - bullish rsi 64
3 - good volume
4 - forming golden crossover
5 - inside bar
above day high
Grasim - Cup and Handle BreakoutGrasim :
Cup and Handle breakout spotted
Might breakout strong
Long above 1700 with support at 1610
GRASIM - swing trading its trendline breakout for swing trading purpose near grean resisitance line is a target
GRASIMNSE:GRASIM
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
GRASIM INTRADAY STOCK TRADING PROFITKINDLY SWITCH TO 5MIN TIME-FRAME
Used my Analysis on 15min chart. Traded on 5min Time-frame.
After Breaking of Resistance waited for pullback then entered.
Profit Booked 1:4
Keep following Liking I will give trading setup on weekend.
Grasim - Bullish above trend line - Keep on radarGrasim playing with rend line. Will be a good R&R above trendline.
GRASIM INDUSTRIES_ROUNDING BOTTOMGrasim Industries looks like a Rounding bottom on the daily chart and the weekend close is also looking good. If the price sustains above 1533, It will move higher.
DO YOU KNOW HOW ORDER BLOCK WORK ? i found two ob in that level .both ob's are close each other so we consider both ob,s for mitigation. so wait to take proper candles conformation before taking entry. so thats my observation
GRASIM BEARISHGRASIM INDUSTRIES STOCK can go bearish if candles are sideways near its resistance and fall with a volume hike.
do your OWN ANALYSIS before taking any trade.
ONLY FOR EDUCATIONAL PURPOSE..!
Grasim - sell near 200 smaSell > 1600 upto 1615
easy tg 1580
2nd tg - 1560
Disclaimer : This is my personal analysis for study purpose not intended for trading
GRASIM - Trend Line Rejection / BreakoutHi Traders,
GRASIM is nearing to Trendline Resistance in Daily timeframe , if any Buying momentum we can expect breakout on the higher side to go Long.
Incase any weakness with strong Rejection at the trend line we can look for Short entry.
Thanks
Grasim stock to take long entryLong Grasim . wait for the right entry. Details given on charts. Keep the stock in your watchlist. This is for your education purpose only by Trader stock tech.
GRASIM - 27th July 2022Grasim making classic Pattern with Key Area at 1520.
Closing for 3 consecutive days above this levels needed for pattern confirmation on upside.
GrasimGrasim is bullish last 2 days, can continue atleast first half today, if general market sustains this upside then expect the next target.
