GRA99 trade ideas
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
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
