GRASIM trade ideas
STOCK FOR TOMORROW GRASIM AND SUPREME PETROGood evening all dear investors and traders, for tomorrow Grasim can be on RADAR. If sustained 30 minutes candle above 1410 than first target is 1427 and than 1470+.
SUPREME PETRO (SUPPETRO) IF SUSTAIN ABOVE 696 CAN MAKE HIGHS KEEP SL 696 . whenever I say if sustain I mean to say is sustaining more than 30 minutes candle. i believe in less trade but sure trade.
I have only express my ideas this is not any advise of tip take your own decision we are not responsible for anything please.
Regards.
Mukesh Hotchandani.
Time to go South !!NSE:GRASIM
all details mentioned on chart
for SAFE traders trade following contracts
BUY 1300PE MAY
SELL 1200PE MAY
use opstra.definedge.com
to compute your max profit/loss per entry
Grasim long Bullish divergence+ trendline break
Target 1- 1350
Target 2- 1398
In the hour time frame
Clearly a uptrend in grasim.1-hour Breakout clearly shows an uptrend with volume supporting it.
1320 is an immediate resistance that will act as 1st target.
Grasim Cmp 1292 dated 20.4.2021Grasim Cmp 1292 dated 20.4.2021
1. Rectangular Consolidation break down @ 1300
2. RSI also has breakdown.
3. Price closed below MA50.
Sell with a stop loss 1335 tgt 1260 - 1215 - 1200
This is just a view, pls trade at your own risk.
#Grasim cash : Looks good sell around 1360#Grasim cash
15.04.2021
Looks good sell around 1360
stoploss 1400
Target 1320/1280/1220
Cmp 1350
Sell Grasim Below 1431-30 for intraday target of 1620Grasim can be weak at TL BD...
Rejections can be seen at high levels , can be a good candidate to sell below 1432-30
Grasim good short candidateGrasim spot cmp 1445
Strong resistance seen around 1460 to 1470 levels
2 times price rejection around same levels,,
On verge to break rising trend line support
RSI bearish divergence indicates weakness at higher levels,,
Rising wedge formation,,
Counter is ready for 5-7-10% crash,,
Good short candidate..
