GRASIM is on a two support line one is a trendline and another is a resistance turning into a support and showing a weak signal in two stanza :- 1. As per the market sentiments are weak due to which the support might not sustain
2. And another is that the trendline has already tested multiple support so this time might not be strong enough to make move grasim upward again
Thus, my idea is bearish in GRASIM
SL-1655 || Target-1528
DO like it its worth!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.