GRASIM trade ideas
Sell on rise with SL 1770pattern: correction (wave A & B looks completed)
upcoming potential: wave (C)
Fib: green- retracement, red: projections
GRASIM GRASIM - Demand from channel bottom.
Watch how the stock is taking constant support at 21 ema.
Seems good to make it to channel top.
GRASIM 7th Dec PredictionGRASIM 7th Dec Prediction on the basis of Technical Analysis & Price Action.
This is only for education purpose.
GRASIM - holding fortSwing buy in Grasim - spinning top at bottom.
Entry : 1800
SL : 1750
Target : 1900
RR : 1:2
LongGrasim has taken support on Channel line. now from here it can give upward move. Target will be 1965 SL 1750 but 1670 will be safer.
GRASIMNSE:GRASIM
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
grasim seams reached ressitance with double top in hourly TFprice trending its all time high made double top in 1hr time frame may retrace back to trendline and kiss Fibonachi level 0.236 if we see bullish candle with volume at trendline and support in RSI 60 we have to go long now this is not time to trade this script (anyhow someone swear to trade they can short with target 1785) :)
GrasimAs per analysis 2day grasim hits new all time high in first15 min afterwards it's not sustain or unable to take 15min high and formed mothercandle in positional trade setup which resulted in 2% down move. I m working on this formation how we can moniter positional trade in first 30min of trading day.
Take away if mothercandle formed in positional trade then book profit.
Quality accumulation taking placeOpt for entry only after a strong breakout
Looking for entries at retraces after breakout is mostly preferred
GRASIM 2HNSE:GRASIM
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Grasim ready for a upmoveBreakout from resistance, retraced and taking support on previous resistane.
Confluence of 20 EMA + Trendline support + Fibonacci 61.8%
High probability setup.
Only for educational purpose.
Grasim 1hr Chart Descending Triangle Breakout 26 Oct 2021Grasim 1hr Chart Formed Descending Triangle gave a Breakout 26 Oct 2021. Volumes are a bit low. Watch out for Retest and a target of 1860.
Grasim BreakoutThe stock has broken out and may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the upper trendline. The target is placed near swing high.
This is a high risk trade as the market is in a overall bearish sentiment. Plan Trades Accordingly.
Cup and Handle Breakout and TargetsHello 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 breaks through and closes above 61.8% level and target will be of 100% level and above or the previous trend line acting as resistance.
Note: This is for educational purpose only. Trade on your own conviction or consult your advisor.
