Grasim from 2 July 2020

By Trade_with_yash
Updated
Grasim has formed ascending triangle patter in 4H time frame. ... possible upside breakout

MACD & RSI both are in uptrend Zone .... MFI is also rising possible upside movement present...

ATR is around 15-20 rupees possible ATR * 1.5 = 25 - 30 rupees buffer can be maintained to avoid wicks
Comment
it has come out of zone upside expected
safe traders buy above 640 for long positional ...
My personal strategy would be to sell PE across the spread 580 n 600
Ascending TriangleChart PatternsGRASIMnseindiarangebreakoutTrend Analysis

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