Good bullish setup shaping up in Grasim. A new consolidation above 2875-2900, will help further with upmove. Trading close to ATH, above MA's, decent RSI, volumes are consistent. I will consider it more as a positional candidate. A well known name from Birla Group. Had a decent Q1 and with India govt focus on Infra expansion, it should benefit.
Disclaimer - Shared for education and study purpose. Please do self analysis or consult your advisor before taking any position.
Disclaimer - Shared for education and study purpose. Please do self analysis or consult your advisor before taking any position.
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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.