Hello traders i hope you are doing well. Today i will share u grasim ind analysis for tomorrow morning.
CUP and Handle Pattern In Grasim . If its sustain above 1766. Its goes up to 2000 Level.
Lets wait for breakout/down of the pattern. Moving Averages(20/50) are appxoimated,indicating accumulation of orders- 1550 is strong support with strong resistance at 1850.
Grasim almost touching high of the swing . From here on, it may go up few points, but the downward swing should start anyday.
In the Weekly Chart of GRASIM , we can see that, it has shown a strong recovery. Let it retest and then enter with SL.
NSE: GRASIM is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
Profitable trade ..became into loss with not properly following PROFIT taking streagy
GRASIM broken support and now trying to back again in levels. whoever that is false breakout or break down...it will recover quickly in opposite directly. it is possible Grasim can touch quickly near resistance line if its back inside of box. Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist. Like, Share,...
NSE GRASIM 1W Long Sustain at support & Looking Bullish for long...
GRASIM can touch resistance zone next week and there we have to see if its able to break it or no. If its break resistance zone, we may see good level with small support. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or...
Grasmin Inside bar breakout Bullish Entry:1578 Target 1 : 1627 SL: 1546
Our good old double bottom is formed on the day chart. We have support and confirmation candles. 2 day high is broken. Buy away!
GRASIM made awesome pattern in 1D time frame that is head-and-shoulder. Do you want to see...then go and track it. By the way, this is for bullish so if are thinking to make position in Grasim Industries, then wait for breakout. Best luck......
Grasim seem to be coming back to the channel it created in couple of months. there will be opportunity to short if it decisively falls back in the channel. On the other side, looking at yesterdays price action, when Grasim breached the channel boundaries and closed above it. It may be a signal that Grasim took support there and the bounce back. So i suggest...
Grasim broke out of triangle pattern on 30 min TF with good volumes. Could be bought with mentioned stoploss & target.
Trend analysis: Long -Grasim Trendline break out Bullish engulfer candles Fib level 0.5 Bounce from support.
Grasim on the verge of triangular pattern breakout with good volumes on 30 min TF. Could be bought with mentioned stoploss & target.
Grasim about to breakout of triangle pattern on 30 min TF with good volumes. Could be bought with mentioned stoploss & target, will update till closing to carry fwd or not.