After a continuous downtrend, GRASIM Finally out of the trend,Initiate Longs on Today's high for targets of 620/640.
After a continuous downtrend GRASIM is finally out of that Trend. Initiate Longs on above 600 for Targets 620/640 .
SRF has broken it's important resistance in the daily chart, But it is a risky trade as results will be out today.. Seeing the break out with good volumes indicates a good result.. Trade with caution. Maintain a Strict stop loss of swing low. Avoid if gap up/down.
Britannia forms a Inverted Head and Shoulder pattern.Can take long positions for at least 200 points. Also Nifty FMCG is bullish ,Why ? 1. Nestle broken important resistance of 16875 2. DABUR despite bad results,rallied it by 5%
1. Hcl-tech is in 3 weeks consolidation in the same range.. 2.Ascending triangle with 540-542 as major resistance. I am a beginner and started learning trading ..