LTP on NSE on 23/Feb/2024 was INR 2,190/- (with a high of INR 2,236.70 and a low of INR 2,182.60) Although it is a good buy at current levels, conservatively I would still accumulate it around INR 2,060/- - 2,080/- zone. Resultantly after all this discussion, I believe that the target price should be: first INR 2,370/- and second INR 2,900/-. Stop Loss should be...
Broadning decending wedge is a bullish pattern 2 probabilities, one is beariah as we can see a divergence in RSI. Second one is bullish as this pattern is a bullish pattern. Once the wedge is broken upside we get to see those targets .. or if it continues in the range we get to see the bottom support line as target but remember if it continues downside and did...
NSE:GRASIM One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss,...
📊 Script: GRASIM 📊 Sector: Textiles 📊 Industry: Textiles - Manmade Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 MACD is giving crossover . 📈 Double Moving Averages are giving Crossover. 📈 Right now RSI is around 62. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 2287 🟢 Target 🎯🏆 - 2410 ⚠️ Stoploss ☠️🚫 - 2241 ⚠️...
The stock is coming out of consolidation and is expected to make a top around 2150-2300 levels as per the expectation and may correct too after completing the technical pattern. It is making an entry into paint business which can give some boost as things are speeding up. However a strict sl is recommended as per the market conditions
A strong demand zone is created in this stock from 2060 levels, immeditely sellers push the price downwards,now from demand zone price is moving upside, if this demand breaks then price test the demand zone at 1960 levels. so keep look for shortside in this stock.find short oppurtunities in this stock. Drop base drop chances are more.
level are given on daily chart swing trade entry exit target
Grasim after good consolidation today grasim gived 3.4% up move maybe more upside moment still pending... Technical ::------- 1) Cup and handle pattern 2) bullish flag 3) volume also good up side target 1842 / 1933
Grasim- Elliott Wave Count It appears that the market correction for Grasim has come to an end, and we can anticipate another upward impulse wave, provided that this week's low remains stable. However, if the market falls below 1828, this view will no longer be applicable. Please note that this information is for educational purposes only, and it is crucial to...
Grasim - Elliott Wave Count It appears that the market correction for Grasim has come to an end, and we can anticipate another upward impulse wave, provided that today's low remains stable. However, if the market falls below the current low, this view will no longer be applicable. Please note that this information is for educational purposes only, and it is...
1. Market Trend - Bullish 2. Stock Trend - Bullish 3. Market & Stock both at ATH 4. Breakout - Strong
Wait for a breakout on monthly chart. Looks like supply is being absorbed.
Observations:: NSE:GRASIM the stock is trending upwards. the price is broken the previous resistance @1660 range. after breaking resistance price is slowly moving towards next resistance. Recently broken the trendline to reach the demand zone, look for buy at these zones. The previous resistance acts as support @1660 ,price will move upwards again. we have...
Grasim 1 hour : Price has tapped on extreme supply zone. watch for confirmation on 5 min timeframe and we can see short term downside momemtum. Watch for an intraday opportunity.. Thank You....!
Grasim almost touching high of the swing . From here on, it may go up few points, but the downward swing should start anyday.
NSE: GRASIM is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
GRASIM broken support and now trying to back again in levels. whoever that is false breakout or break down...it will recover quickly in opposite directly. it is possible Grasim can touch quickly near resistance line if its back inside of box. Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist. Like, Share,...
GRASIM can touch resistance zone next week and there we have to see if its able to break it or no. If its break resistance zone, we may see good level with small support. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or...