Grasim from 2 July 2020

Grasim has formed ascending triangle patter in 4H time frame. ... possible upside breakout

MACD & RSI both are in uptrend Zone .... MFI is also rising possible upside movement present...

ATR is around 15-20 rupees possible ATR * 1.5 = 25 - 30 rupees buffer can be maintained to avoid wicks
Comment: it has come out of zone upside expected
safe traders buy above 640 for long positional ...
My personal strategy would be to sell PE across the spread 580 n 600


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