GrasimGrasim had made cup & handle pattern on daily charts..
Tgts are very very aggressive of 1800, keep sloss as per ur apetite.
GRA99 trade ideas
GRASIM - Demand zone assisted reversal1. travelling in a parallel channel.
2. Forming Higher high & higher low formations.
3. Took support of 50 ema & POC.
Poised to make a further move from here.
GRASIMHello,
A warm welcome on this idea on GRASIM
It has formed a Bearish Alt Shark in daily time frame suggesting downside likely till 1550 as long as it does not breach 1630
ASCENDING TRIANGLE BREAKOUT
Ascending traingle has been formed in the past three days chart with the traingle has been covered 65% to 70%
EMA has come in sequence to support a good breakout towards UPSIDE
The trend is also moving up for nearly a week
Once BREAKOUT happens, there is a good chance to BUY and keep the stoploss at just below nearest pivot point or the trend line
grasim monday targetGrasim view on monday .. forming a rounding bottom formation . We can see good upside move if sustain my level.
Grasim Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near previous swing high.
Bullish GRASIM Buy = 1580
SL = 1537.15
Target 1 = 1665.7
Target 2 = 1708.55
8Sep2021
Bullish GRASIM GRASIM Industries
Buy for short term
Grasim - Elliott wave analysis - WXY correction As expected in earlier update, it is forming flat like correction and can go up to previous high then expecting one more leg lower as the part of (4) wave in daily.
Grasim : Good swing play possibleGrasim look good for good upside. Multiple buy signals on the chart. Grasim looks good to challenge 52 week high 1615.
Grasim - Elliott wave analysis - WXY correctionIt seems cycle finished in ending diagonal at the top and it started correcting the previous up trend. The drop was ABC zigzag, so expecting it to bounce, which can be dip towards 1560-1600 and after that expecting one more cycle down towards 1350 or lower to finish the current correction.
GRASIM INTRADAY!!INTRADAY CALL!!!
IF BREAK UP THEN CAN MAKE A GOOD INTRADAY PROFIT!!
AND IF BREAKS DOWN THEN WILL TOUCH DOWN AS 20 sma is in downtrend!!
Profit per share can be 10-12
STOP loss just near the open high!!
(Only for study purpose dont take any by or sell call)
Gartley seen in 1Hr TF Targets levels Mentioned in the chart. In 1 HR Time frame a Gartley pattern is seen. Price reached Point D and now 1st target already achieved. Waiting for the other targets to be achieved.
Excellent time to enter with a very small Stop lossGrasim has been diligently following the trend and looking to the pattern it looks like a very good Risk reward ratio to enter.
Grasim wave analysisGrasim completed flat correction today,powerful upmove coming from tomorrow towards 1685
POSITIONAL INVESTMENT VIEW ON #GRASIM CMP 1527 BREAKOUT RESTESTPOSITIONAL INVESTMENT VIEW ON #GRASIM CMP 1527 BREAKOUT RESTEST
GRASIM LOOKING GOOD CMP 1527 ADD MORE ON DEEP 1522
STOP LOSS 1480 ON CLBS
TARGET - 1650 1700 1750 1800 ++
Grasim - Elliott wave analysis - ending diagonal It seems like the 5th wave ending diagonal is finished or may take little time to finish. It will go bearish below 1461 level and expected to go up to 1350-1250 zone.
Day trading setup in GRASIM for 22 julylong above 1580 for 1-2 % targets
if breakout comes in first 1st half with a power candle.
and Adx should not bend or falling
