Good support and resistance level for buying in the Stock. Earnings will matter in the stock movement , so please track that also to catch a good move.
Parallel channel intact with a series of HL-HH. Renewed buying interest at the channel bottom with good price volume action. A follow-up move here would trigger 1595 followed by a new HH.
Grasim Industries Limited is the flagship company of the Aditya Birla group, it ranks amongst India's largest private sector companies. On standalone basis, GIL’s core businesses comprise of viscose Staple fibre (VSF), caustic soda, speciality chemicals, rayon-grade wood pulp (RGWP) with plants at multiple locations. It also has certain other businesses such as...
uy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade
grasim chart analysis for intraday and swing trading
GRASIM is form HH HL pattern. If it continues to do so, then we can expect a good upside move from here. (for educational purpose only)
grasim chart analysis for intraday and swing trading
Grasim : Need to sustain 1590 levels Long above 1596 with support at 1585 and 1575
HH HL formation and consolidating on upper trendline, it will break the resistance with huge move
Wait and watch Enter only after the proper breakout
Hello Traders, The rationale for the trade 1) Double Bottom 2) Tested the Resistance multiple times
Cup and handle pattern with target of 1550-1630
Grasim : Looks interesting, Flag Pole Breakout Currently at Resistance Need to sustain 1580 levels