Get started
Grasim Industries Ltd.Grasim Industries Ltd.Grasim Industries Ltd.

Grasim Industries Ltd.

No trades
See on Supercharts
OverviewFinancialsNewsDocumentsIdeasDiscussionsTechnicalsForecastSeasonalsOptionsBondsETFs

GRASIM trade ideas

GRASIM is on a support lineNSE:GRASIM is on a two support line one is a trendline and another is a resistance turning into a support and showing a weak signal in two stanza :- 1. As per the market sentiments are weak due to which the support might not sustain 2. And another is that the trendline has already tested multiple support so this time might not be strong enough to make move grasim upward again Thus, my idea is bearish in GRASIM SL-1655 || Target-1528 DO like it its worth!!!
NSE:GRASIMShort
by dhruvnarola
Simple Trade Setup | GRASIM | 14-12-2021 [ INTRADAY ]NSE:GRASIM Observations: 1) On 1day time frame,it managed to sustain above 50DMA. If it take support from 50DMA and trades above it then we can see an up move. 50DMA is placed at 1729.64 level. Please refer below chart : 1day Time Frame. 2) Also On 1day time frame, it made double bottom pattern and sustain above the mid neckline of it. Major breakout level range is 1360-1370 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 14-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:GRASIM
by Trading_hawk