Triangle Pattern in Grasim - Weekly TimeframeLets wait for breakout/down of the pattern.
Moving Averages(20/50) are appxoimated,indicating accumulation of orders- 1550 is strong support with strong resistance at 1850.
GRASIM trade ideas
Grasim almost touching high of the swing
Grasim almost touching high of the swing . From here on, it may go up few points, but the downward swing should start anyday.
GRASIM - Weekly AnalysisIn the Weekly Chart of GRASIM ,
we can see that, it has shown a strong recovery.
Let it retest and then enter with SL.
GRASIM - Bullish Swing ReversalNSE: GRASIM is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
Profitable trade ..became into loss with not properly following Profitable trade ..became into loss with not properly following PROFIT taking streagy
GRASIM : Break support & trying stayGRASIM broken support and now trying to back again in levels. whoever that is false breakout or break down...it will recover quickly in opposite directly.
it is possible Grasim can touch quickly near resistance line if its back inside of box.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
#BERGEPAINT #BERGEPAINTlevel #BERGEPAINTSwign #Swing
GRASIM : can touch resistanceGRASIM 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 investing
First Learn and then remove "L".
Bullish on GRASIM Our good old double bottom is formed on the day chart. We have support and confirmation candles. 2 day high is broken. Buy away!
Head and shoulder in GrasimGRASIM 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......
Grasim is reaching back to the channel
Grasim seem to be coming back to the channel it created in couple of months. there will be opportunity to short if it decisively falls back in the channel.
On the other side, looking at yesterdays price action, when Grasim breached the channel boundaries and closed above it. It may be a signal that Grasim took support there and the bounce back.
So i suggest we wait for it to take a side and we trade in that direction. This should be clear either today or max by tomorrow.
GrasimGrasim broke out of triangle pattern on 30 min TF with good volumes.
Could be bought with mentioned stoploss & target.
chart analysisTrend analysis: Long -Grasim
Trendline break out
Bullish engulfer candles
Fib level 0.5
Bounce from support.
GrasimGrasim on the verge of triangular pattern breakout with good volumes on 30 min TF.
Could be bought with mentioned stoploss & target.
Grasim-IntradayGrasim about to breakout of triangle pattern on 30 min TF with good volumes.
Could be bought with mentioned stoploss & target, will update till closing to carry fwd or not.
GRASIMHere in Grasim it gave a nice breakout from the trendline and took resistance from the last swing high.can take a long entry on the break of the 1830.0.
and in 1day TF we can see a inverted head and shoulders and alos in 1Hr TF there is a flag and pole pattern which is a bullish pattern.so with these confluences can take entry with strict stoploss.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and i am not sebi registered and contact your financial advioser before taking any trades .I am not responsible for your profit or loss.this is only for educational purpose and learning.
GRASIM Swing Trade 1795GRASIM Looks Good For Intraday & Swing Trading
For some days GRASIM has been in a range which is a positive sign, We are expecting a breakout soon.
1836 is a resistance if it breaks out then we can see good momentum for intraday & good target for swing trading.
1795 is a support which got retested today, I'm expecting a breakout on Monday.
First swing target 1934 & Second swing target 2021
For more details refer to the image or drop a comment if you have any queries.
Happy Trading !
GRASIM#CashTrade | #FutTrade
#GRASIM
Cup & Handle Pattern Break Out
Buy @ 1795_1750 | WCBSL 1628 | Tgt 1995 / 2050 / 2350+
Take entry at breakoutResistance broke after being tested 5 times. Take entry at breakout and hold it for short period.
grasimgrasim forming inverse head and shoulder can go for buy for short term target and stop loss mention in the chart.
for educational purposes only.
GrasimGrasim made falling wedge pattern & it broke & susatinig above it comfortably with good volumes.
Could be bought with mentioned stoploss & target.
