Grasim 1hr Chart Descending Triangle Breakout 26 Oct 2021Grasim 1hr Chart Formed Descending Triangle gave a Breakout 26 Oct 2021. Volumes are a bit low. Watch out for Retest and a target of 1860.
GRA99 trade ideas
Grasim BreakoutThe stock has broken out and may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the upper trendline. The target is placed near swing high.
This is a high risk trade as the market is in a overall bearish sentiment. Plan Trades Accordingly.
Cup and Handle Breakout and TargetsHello there. Here is the Cup and Handle breakout of Grasim. Resistance line has been broken and closed above by the price and rejected from 61.8% Fib level based on fib extension tool.
You can see there is a trend line acting as a resistance before formation of Cup and Handle pattern. Fib level are drawn here and one can enter the trade as soon as the price breaks through and closes above 61.8% level and target will be of 100% level and above or the previous trend line acting as resistance.
Note: This is for educational purpose only. Trade on your own conviction or consult your advisor.
a shooting star maybe?a shooting star has formed in a uptrend and im not sure if it is for reaching the channel bottom as swing sets or is it something else....tried incorporating waves but not sure...if i am r8 we r r8 now in the start of wave 3
Grasim IndustriesIt's a multiyear breakout stock and shows good up movement in longterm. It's a channel pattern and breaks well in strong volume . keep a stock in a watchlist and its a Textile industries.......
Chart of the week: GRASIMGRASIM has been rising slowly on its pace with out much difficulty. It seems Smart Money has been active in this stock for a long time and it was being accumulated for a long time for a much much higher targets. The way GRASIM has been rising, it may become a multibagger stock in coming months and years.
Buy GRASIM at current prices with SL 1200 for positional and for targets 3000++ and 5000++ in next 1-2 years.
For ecucational purpose only. All disclaimers apply.
GRASIM nice channel breakout !!!!NOT A TIP OR CALL ONLY FOR EDUCATIONAL PURPOSE
BUY ONLY WHEN RETESTING ITS LEVEL
* Nice channel breakout
* Buy when retesting
* Good quality stock
NSE:GRASIM
Grasim Grasim at bullish harmonic .886 level also supporting with trend line..... Demand zone marked with rectangle..... Expecting bounce back from current and 1570 level... Keep on radar
Grasim after breaking HNS patternGrasim: After Head & Shoulder breakout, now retesting neckline.. Might give 8 to 10 %...
Grasim long opportunitygrasim has formed a inverted head and shoulder pattern. look good for a swing trade.
Grasim BreakoutGRASIM has broke out of its Channel Pattern, SL at 2.6% and Target of 7.5%
(This is for education purpose only)
Grasim : Series of Cup and handles A series of Cup and handle patterns are seen in Grasim. Rounding bottoms are bullish formations. First target 1680, and then 1704
GrasimGrasim had made cup & handle pattern on daily charts..
Tgts are very very aggressive of 1800, keep sloss as per ur apetite.
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
