GRASIM trade ideas
Grasim Industries - 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 decision. I will not be responsible for any of your profits or losses.
breakout done and also retest done 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 quatity always limmited thxx
Full time Trader
Money_chart_pro
grasim buyBuy 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 Rectangle & Bullish Engulfing CandleGrasim 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 ViewGrasim :
Channel Breakout Possibility
Long above 2220 with support at 2150
Grasim Looing GoodGrasim 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 Sales book looking attractive in the long run ...
Educational purpose only....
Bullish flag bo might be developing in GRASIM …Possible bo from pattern with rsi > 60. Similar bo seen recently as marked in chart
GRASIMGRASIM:- 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. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GRASIM short term tradeThis could be traded with a very tide stop loss
Completing the correction, the upside will prevail
Finally!Grasim has hit top and now its ready to come down to its support line.
take short train on this and wait for the money to fall on your hands.
you are welcome
DIWALI PICKS (GRASIM)DIWALI PICS OF STOCKS
Buying near the1917-1940
Stoploss 1840-30
TGT 2500/2700/3000++
Holding period more than a year
GRASIM | Investment Pick📊 Details
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 fertiliser, textile, etc.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Grasim Cmp 1957 Bearish Candle @ ResistanceGrasim Cmp 1957 dated 23-11-2023
1. Pennant Pattern
2. Bearish Candle @ Resistance
3. RSI Divergence
Sell below 1950 target 1940-1920-1900-1890-1875 SL 1985
It is just a view, please trade at your own risk.
GRASIM 06-11-2023 LONGGRASIM INDUSTRIES LTD is an interesting chart for following reasons
1. Weekly chart : Long ascending Triangle breakout and its retest during last week and price taking support at trend line at 1824-1830 zone
2. 20 week SMA support at 1840 levels
3. Daily ABCD pattern under formation
4. Daily - Stock Making higher highs for last 3 days,
5. Outperforming Sectoral index for 1 week and 3 months
6. Monthly RSI above 60 Weekly RSI Above 50 and daily RSI rising
Can be a good Risk reward with resistance at 1959- 1990 - 2030 zones
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
GRASIM--Weeekly break and retest done. will Fly SOON.For educational purpose only.
Target1: 2000
Target 2: 2200
Hold for few weeks.
SL: 1830
Grasim looking good at the current support levels of 1870/-Grasim is nicely taking support at CMP 1870/- and looking good for higher targets of 2000+
Though the overall market sentiments are not looking good but this script is looking promising.
Grasim BullishGRASIM Looks Bullish
Buy at breakout or retest. Tragets given in the image.
Comment below for queries
Grasim (Swing)Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 1915
Target Price 2100
Note:- I am not SEBI Registered This Trade is only educational Purpose
