LTP on NSE on 23/Feb/2024 was INR 2,190/- (with a high of INR 2,236.70 and a low of INR 2,182.60) Although it is a good buy at current levels, conservatively I would still accumulate it around INR 2,060/- - 2,080/- zone. Resultantly after all this discussion, I believe that the target price should be: first INR 2,370/- and second INR 2,900/-. Stop Loss should be...
Broadning decending wedge is a bullish pattern 2 probabilities, one is beariah as we can see a divergence in RSI. Second one is bullish as this pattern is a bullish pattern. Once the wedge is broken upside we get to see those targets .. or if it continues in the range we get to see the bottom support line as target but remember if it continues downside and did...
The stock is coming out of consolidation and is expected to make a top around 2150-2300 levels as per the expectation and may correct too after completing the technical pattern. It is making an entry into paint business which can give some boost as things are speeding up. However a strict sl is recommended as per the market conditions
A strong demand zone is created in this stock from 2060 levels, immeditely sellers push the price downwards,now from demand zone price is moving upside, if this demand breaks then price test the demand zone at 1960 levels. so keep look for shortside in this stock.find short oppurtunities in this stock. Drop base drop chances are more.
Grasim- Elliott Wave Count It appears that the market correction for Grasim has come to an end, and we can anticipate another upward impulse wave, provided that this week's low remains stable. However, if the market falls below 1828, this view will no longer be applicable. Please note that this information is for educational purposes only, and it is crucial to...
GRASIM can touch resistance zone next week and there we have to see if its able to break it or no. If its break resistance zone, we may see good level with small support. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or...
GRASIM made awesome pattern in 1D time frame that is head-and-shoulder. Do you want to see...then go and track it. By the way, this is for bullish so if are thinking to make position in Grasim Industries, then wait for breakout. Best luck......
Looks good for Initiating a trade at Cmp 1350 sl 1330 for 1400-1440
If we are to take a look at , you can see it has been consolidating since 06.06.2022 It has been around 15 days that the consolidation period has been going on a a move on either side should be in the making. However where things stand a t the moment we are looking towards a movement and hence would recommend a buy in this counter. Buy above: 1356 Stop Loss: 5-6...
The stock has broken out and retest therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone, 200 EMA & the lower trendline. The target is placed near resistance.
Hello 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...
POSITIONAL 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 ++
Note: This is for educational purpose only. There seems to be an ascending triangle 52 week high breakout with increasing volumes. RSI above 65 indicates bullish momentum. SL: 1370₹
Grasim Ascending Triangle Target 1 : 1550 Target 2 : 1680 Note : Only for educational Purpose . Please do your own analysis before trading .
Buy: 864 SL: 856 Target: 870/880
This analysis is purely based on price action & chart patterns The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade strategy is explained in image itself. Keep trailing SL accordingly once in trade Trade at your own risk and money management Feel free to comment for any queries & suggestion
Short Term Cash Buy GRASIM @670.00-672 SL 648 TGT 715 TK cross over + about to break ichimoku cloud on the upside + MACD cross over Next resistance is 705-708 zone once it break it convincingly then we expect more upside as then next is 793 so can get 5-10% TGT so keep an eye on 708 level.