since NOVMEMBER 2019 , The stock was trying so hard to break the 480 levels but couldn't do, till last week , it took almost 2years to break 480 levels ,
there's a theory in stock market that "the more amount of time a stock consolidates within a range or below a resistance level the more faster it will become a ROCKET when it breaks its Resistance''
The...
GRASIM WAS FOLLOWING ITS LONGTIME UPTRENDLINE BUT COULD NOT BREAK ITS RESISTANCE OF 1475 PREVIOUSLY, BUT IT NOW BROKE ITS RESISTANCE ,RETESTED IT AND GAVE CLOSING ABOVE IT , NOW ITS READY TO CONTINUE ITS UPTREND ,
ACCORGING TO FIBBO ;(SINCE ITS ON ALL TIME HIGH)
THE TARGET WE CAN EXPECT ARE : 1600,1800
STOPLOSS MAINTAINED @1452
IBULHSGFIN (Indiabull housing finance) jus gave its entry point @192.25 wid stoploss of 188, It can show bigger moves in upcoming days and seems very bullish , it has a behaviour of touching its long time down trendline then it shows bullish moves . but since march 2020 it didn't break its 249.5 levels ,so our TARGET will be 248 which is again a very good move...
