GRASIM trade ideas
GrasimIt breakout from the ascending Triangle ,
Last day looks like Retracement ,
Its might check its support at 0.786 FR and bounce or It can bounce Directly .
Better to take a Long position once you get the confirmation candle From Fibonacci Retracement .
Looks Good in Volumes Above 100 MA .
SAFE Entry 602 Target-614
Don't Waste your hard earned money......
GRASIM - Reversal at 610-640 ZONEGrasim can go up to 610-640 levels where it might reverse. CMP 589.
simply price actiontraded it today for an intraday....booked it.will enter again if it breaks todays high tomorrow....
Triangle Pattern BreakoutThis is clear cut triangle pattern breakout in Grasim,my view is buy after breakout at 488.
this is purely education purpose only shearing my view on it,not recommending to buy directly.
GRASIM INDUSTRIES MAY ANALYSISthis is travelling in a channel for a long time and now at lower end of it.
one can look this for investment purpose.
Accumulate range (410-340) so invest accordingly.
Fall of Premium ClothingHead & Shoulder pattern formation. This took 3 Years for formation.
Also, the ratio of share to index is decreasing continuously.
GRASIM NEAR PRZDISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
Grasim - Bearish Bias - Can Short at current levels.Grasim - Bearish Bias - Can Short at current levels.
SWING SHORT FOR GRASIMI found trendline break and double-top pattern so I believe its a short swing trade opportunity.
grasimif this breaksout it will be a uptrend and targets can be achieved going long.
consult your fin advisor before investing.
LONG GRASIMTechnical analysis on FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits / losses what so ever.
Long Grasim. buy above 830 SL: 807 TGTS: 836 / 856
possible prz zonebullish cypher,bullish bat if we consider both the structure .Prz zone is near
price is in channel,broke the trendline .
