GRASIM trade ideas
GRASIMHere in Grasim it gave a nice breakout from the trendline and took resistance from the last swing high.can take a long entry on the break of the 1830.0.
and in 1day TF we can see a inverted head and shoulders and alos in 1Hr TF there is a flag and pole pattern which is a bullish pattern.so with these confluences can take entry with strict stoploss.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and i am not sebi registered and contact your financial advioser before taking any trades .I am not responsible for your profit or loss.this is only for educational purpose and learning.
GRASIM Swing Trade 1795GRASIM Looks Good For Intraday & Swing Trading
For some days GRASIM has been in a range which is a positive sign, We are expecting a breakout soon.
1836 is a resistance if it breaks out then we can see good momentum for intraday & good target for swing trading.
1795 is a support which got retested today, I'm expecting a breakout on Monday.
First swing target 1934 & Second swing target 2021
For more details refer to the image or drop a comment if you have any queries.
Happy Trading !
ROUND BOTTOM BREAKOUT - GRASIM📊 GRASIM
📈 Todays candle has given breakout of rounding bottom.
📈 right now RSI is around 73.
📈 one can take swing trade.
🟢 Target 🎯🏆 - 1712
⚠️ Stoploss ☠️🚫 - 1456
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Grasim looks good on chartGrasim on 2 hr chart is showing good strength i.e in short term.
RSI is fantastic, targets through fibo levels 1734, 1800 for few days or weeks.
Moving average is good 50 above 200 MA, has support of it, place stop loss below 200 MA
look for dips to buy is good strategy.
Disclaimer : views are personal, please invest asking your advisor.