LTP on NSE on 23/Feb/2024 was INR 2,190/- (with a high of INR 2,236.70 and a low of INR 2,182.60) Although it is a good buy at current levels, conservatively I would still accumulate it around INR 2,060/- - 2,080/- zone. Resultantly after all this discussion, I believe that the target price should be: first INR 2,370/- and second INR 2,900/-. Stop Loss should be...
The stock is coming out of consolidation and is expected to make a top around 2150-2300 levels as per the expectation and may correct too after completing the technical pattern. It is making an entry into paint business which can give some boost as things are speeding up. However a strict sl is recommended as per the market conditions
A strong demand zone is created in this stock from 2060 levels, immeditely sellers push the price downwards,now from demand zone price is moving upside, if this demand breaks then price test the demand zone at 1960 levels. so keep look for shortside in this stock.find short oppurtunities in this stock. Drop base drop chances are more.
Grasim- Elliott Wave Count It appears that the market correction for Grasim has come to an end, and we can anticipate another upward impulse wave, provided that this week's low remains stable. However, if the market falls below 1828, this view will no longer be applicable. Please note that this information is for educational purposes only, and it is crucial to...
Grasim - Elliott Wave Count It appears that the market correction for Grasim has come to an end, and we can anticipate another upward impulse wave, provided that today's low remains stable. However, if the market falls below the current low, this view will no longer be applicable. Please note that this information is for educational purposes only, and it is...
Observations:: NSE:GRASIM the stock is trending upwards. the price is broken the previous resistance @1660 range. after breaking resistance price is slowly moving towards next resistance. Recently broken the trendline to reach the demand zone, look for buy at these zones. The previous resistance acts as support @1660 ,price will move upwards again. we have...
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,...
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...
Looks good for Initiating a trade at Cmp 1350 sl 1330 for 1400-1440
If we are to take a look at , you can see it has been consolidating since 06.06.2022 It has been around 15 days that the consolidation period has been going on a a move on either side should be in the making. However where things stand a t the moment we are looking towards a movement and hence would recommend a buy in this counter. Buy above: 1356 Stop Loss: 5-6...
Grasim had made cup & handle pattern on daily charts.. Tgts are very very aggressive of 1800, keep sloss as per ur apetite.
Note: This is for educational purpose only. There seems to be an ascending triangle 52 week high breakout with increasing volumes. RSI above 65 indicates bullish momentum. SL: 1370₹
If the result is positive, It will complete its retesting and the rally will start.
Buy: 864 SL: 856 Target: 870/880
Short Term Stock Option Buy GRASIM AUG PE 600.00 @13-14 SL 4.20 TGT 32 TK crossover on bearish side MACD cross over indicates more correction ichimoku cloud break out
Above VWAP + MACD cross over + TK Line cross over if it stays above VWAP we see more upside in the range 675-700 so go LONG.
Cloud break out + MACD cross over + Volume buy + TK cross over
Grasim Technical analysis to trade on 21st July 2020....