Grasim getting ready for big move...-Stock forming Triangle Pattern.
-Getting Ready for breakout/down on either side.
-Keep in watchlist
GRASIM trade ideas
Grasim Monthly chart near breakoutWait for a breakout on monthly chart.
Looks like supply is being absorbed.
Looking good for long positionThe price has made a strong move up to the previous price range (PRZ), and this is supported by strong buying pressure. If the price can close above 1788, it is likely to continue rising. However, there is some concern that the Moneyflow and Relative Strength (RS) indicators are still in negative territory. These indicators measure the strength of buying and selling pressure, and they tend to turn positive before the price makes a sustained move higher. Therefore, it may be best to wait until these indicators turn positive before entering a long position.
Happy trading :)
Grasim--Good Buy @1620-1660 Range??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 next resistance@1840 range. Price may reversal again from this Zone.
we have support @1660 and strong upside moment@1620 range,
If demand breaks at 1660 look for buy @ 1620.
demand zone @1660 range which may act as support again.
targets --1780,1840,1920
Keep watch this levels.
Use alerts @ every place, we cannot track each and every stock daily,
if you use alert system provided by Tradingview, which will alert you when the stock is near its demand or supply zone.
Use alert few points above demand or supply, you will aware when its coming towards your levels.
Grasim 1 HOUR SHORTGrasim
1 hour : Price has tapped on extreme supply zone.
watch for confirmation on 5 min timeframe and we can see short term downside momemtum.
Watch for an intraday opportunity..
Thank You....!
Grasim Indus analysisHello traders I hope you are doing well.today I am going to share with you grasim analysis.
Grasim analysis Hello traders i hope you are doing well. Today i will share u grasim ind analysis for tomorrow morning.
Triangle Pattern in Grasim - Weekly TimeframeLets 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
Grasim almost touching high of the swing . From here on, it may go up few points, but the downward swing should start anyday.
GRASIM - Weekly AnalysisIn the Weekly Chart of GRASIM ,
we can see that, it has shown a strong recovery.
Let it retest and then enter with SL.
GRASIM - Bullish Swing ReversalNSE: 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 deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Profitable trade ..became into loss with not properly following Profitable trade ..became into loss with not properly following PROFIT taking streagy
GRASIM : Break support & trying stayGRASIM 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, 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 investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
#BERGEPAINT #BERGEPAINTlevel #BERGEPAINTSwign #Swing
GRASIM : can touch resistanceGRASIM 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 investing
First Learn and then remove "L".
Bullish on GRASIM Our good old double bottom is formed on the day chart. We have support and confirmation candles. 2 day high is broken. Buy away!
Head and shoulder in GrasimGRASIM 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 is reaching back to the channel
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 we wait for it to take a side and we trade in that direction. This should be clear either today or max by tomorrow.
GrasimGrasim broke out of triangle pattern on 30 min TF with good volumes.
Could be bought with mentioned stoploss & target.
chart analysisTrend analysis: Long -Grasim
Trendline break out
Bullish engulfer candles
Fib level 0.5
Bounce from support.
GrasimGrasim on the verge of triangular pattern breakout with good volumes on 30 min TF.
Could be bought with mentioned stoploss & target.
