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 trade ideas
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
GRASIM INDUSTRIES | Ascending Traingle Breakout | ATHGrasim industries is following trend line and i approaching the previously tested all time high of 1243. If the high breaks out with high volume, one can easily attain a 1:3 reward trade. Higher highs are sign of strength. Both weekly and daily MACD indicator are building up momentum.
Wait for the breakout to enter
Sharing this for educational purpose only.
Grasim - Elliott wave analysis - ending diagonal It was in strong uptrend, but looks like about to finish the cycle as 5th wave ending diagonal pattern soon. So wait for wedge break down to confirm the pattern for short sell trading ideas.
Grasim headed for 1640 Grasim has been consolidating for last few days with a good support around 1430-40. The stock is building up good volumes and strength. With lockdown being opened up slowly Grasim is looking bullish and may reach up to 1630/40. Keep in the watchlist for a move above 1530.
