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...
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.
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...
If we are to take a look at , you can see it has been consolidating since 06.06.2022
It has been around 15 days that the consolidation period has been going on a a move on either side should be in the making.
However where things stand a t the moment we are looking towards a movement and hence would recommend a buy in this counter.
Buy above: 1356
Stop Loss: 5-6...
