GRASIM trade ideas
Grasim Cmp 1785 Reversed from supportGrasim Cmp 1785 dated 28-8-2023
1. Reversed from support.
2. RSI reversal
Buy above 1788 target 1800-1815-1825-1840-1855
SL 1758
It is just a view, please trade at your own risk.
GRASIM NOW INVERT HEAD & SHOULDERGrasim Now Market Standing Head & Shoulder Neck Line Place, Coming This Week If Will Break Neck Line, WE CAN EXPECT BULLISH NEXT 3,4 MONTH.
WAIT AND WATCH
BREAKOUT, GRASIM IND, 38% RETURNS!!!BUY - GRASIM INDUSTRIES
CMP - Rs. 1811
Target - 1: Rs. 2223
Target - 2: Rs. 2509
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Timeframe - 4-6 months
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Technicals - Bullish Symmetrical Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Grasim - large Cup & Handlefrom January to Sep ' 22, this stock was all over the okasce, trading very wide and loose
from Nov 22, stock corrected, on decreasing volumes, and from March '23, range of selling candles started decreasing, and range of green candles started expanding, indicating buying pressure coming back into the stock
In the final leg of contraction, stock merely corrected just around 4%, and tightened up significantly
For entry, half size can be taken on break of 1785, which is high of the inside weekly bar, and other half can be added above 1805, high of wick candle
sl can be set at 1750, low of bo candle, which is here i personally keep my sl, or also below 1700, which is the recent swing low on weekly tf
GRASIMNice consolidation and near breakout point. One can take this as anticiptation set and go long
grasim breakout buy signal after retest#grasim
#grasimindustries
inverted head and shoulder pattern \
Breakout
now its bull time in grasim
after 1822 above take support
sure take entry
entry 1807
Watchlist--facing strong resistance
--BUY when candle closes above 1840 (Weekly chart)
--support at 1550
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
GRASIM INDUSTRIESA complex chart drawing pattern made just to be more cautious around 360 Degrees.
Share is ready to breakout and looks attractive at CMP 1778.
Tgt: 1845 (Exit at this levels as traders will be trapped for a short time for couple of days)
SL: 1760
Basis some minute observations, chart analysis is made, target and SL is given to understand the core of the subject for learning purpose only.
M O N E Y M U L T I P L I E RGRASIM consolidated in slight ascending channel on daily charts from past 40+ sessions & it broke past yesterday & confirmed it today by closing above channel.
Could be bought here or on dip till 1829 with mentioned stoploss & target.
Excellent Risk:Reward Ratio. Not to be missed.
GRASIM Weekly AnalysisGrasim Industries Good Consolidation last 6-7 Months Last Some days Volume is Rise
Trading Idea Above 1840 Close than move 1975,2055,2121
Grasim positive bias aheadGrasim has moved out of the ascending triangle @1800 . we can see upside of 5-6% in coming days.
GRASIM WEEKLY H &S PATTERN Grasim has also completed weekly H& S pattern, Reare occasions both weekly and Daliy time frame H& S pattern is formed. This makes stock more.bullish.
Weekly target is 600 plus.
SL is close below.shoulder line
GRASIM H&S PATTERN COMPLETED.Grasim on daily time-frame had completed H&S pattern
It is trading above neckline
It has consolidated b%w 1400 and 1800 .
Todays price closed above 1800
This give comfort.to enter Grasim for H&S pattern target of 2100 which is 20% over all upmove
#Grasim Industries cash : Looks good above 1825 & 1840#Grasim industries cash -Positional call
20.07.2023
Looks good above 1825 & Risk free above 1840 Close
For 1920-1930/2000
Cmp 1820
wedge pattern breakout in GRASIMGRASIM INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of wedge Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1905+.
✅Can Go Long in this stock by placing a stop loss below 1780-.
buy GRASIMGRASIM has given breakout can buy between 1800-1820 with stop loss of 1758 for a target of 1921 , 2047 for short to mid term swing
GRASIMENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Grasim to take long entryHigh probability that the stock of a Grasim to take pull back from the trend line after the sudden downfall. A bullish candle can be seen on the charts. Long entry above 1730 for the target price of 1750-1780 can be taken. This is for your educational purpose only.
Rising Wedge Pattern Breakout in GRASIM INDUGRASIM INDUSTRIES
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Rising wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1855+.
✅Can Go Long in this stock by placing a stop loss below 1740-.
Grasim on Intraday tradeGrasim is a good stock to do swing trading...it is stands on 44 rising moving average+ rising stochastic.......note down
