GRASIM broke mid term support line last week and for past 3 days it has been consolidating.
If this break 1540 (1530 for safe traders), then there is possibility of down move.
Along with support breakdown, this also has inside candle formation.
Should be avoided in case of gap down below 1535.
Thanks
Piyush Gupta
If this break 1540 (1530 for safe traders), then there is possibility of down move.
Along with support breakdown, this also has inside candle formation.
Should be avoided in case of gap down below 1535.
Thanks
Piyush Gupta
Note
Type on the label of chart. It should be GRASIM and not GRANULES.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.