Grasim wave analysis5th wave extenstion is ending soon.Huge crash coming in grasim industries within july towards 1100
GRASIM trade ideas
Enter after the breakout - GRASIMIf the result is positive, It will complete its retesting and the rally will start.
Grasim Bullish If price move above 1360 and if price rallies with volume, go long. ATH price rejected, Good earnings report, new area of business and excellent valuation. Good to hold until 1670.
Right-angled triangle, breakout expected at 1460, either gap up or bullish candles with high volume is expected. If price rejects below 1440 levels, exit the trade by booking profits.
SL- 1318 (only for cash long), exit at 1350 if holding for long
GRASIM INDUSTRIESFor LONG TERM BUY ABOVE 1467 WHEN DAY CANDLE CLOSE ABOVE IT
TARGET 1575
DURATION MAXIMUM 30 DAYS
GRASIM Target - 1800 With cement boom happening and technical analysis (ADX, crossover on daily, momentum and volume indicating positive sentiment) showing bounce from kumo clouds, we can be assured that GRASIM will have reach 2000 Rs easily in the next 3-6 months. Great price to buy now and swing trade later!
Grasim - Elliott wave analysis - 4th wave correction It is in 4th wave correction and possibly it will be sharp correction ABC down. It may go up to 1100 level to correct the 4th wave, which is again a buy zone for final 5th wave up.
Plz give a like if you agree with EW count.
Grasim ChartCurrently, I am working on it. This is for learning purpose. Don't take this chart as seriously
Grasim - Elliott wave analysis - 3rd wave about to endIt is in strong uptrend and one more high is expected to finish to 3rd wave of the cycle. The correction will start only after that for 4th wave.
