Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels...
💥Grasim Industries💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-2082
Breakout Price-2082
Stoploss-1843
Targets-2605-3337
RT for max reach
#grasim #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
I am not SEBI register Advisor and I am not any trade and tips recommend here, This Idea post on this Channel Only for educational knowledge & learning purpose, I am not provide any trading tips, Before any Trade Advice your Financial Advisor, I am not responsible any profit and loss
POSITIVE DIVERGENCE -
A hidden bullish divergence or positive divergence has formed on the daily chart indicating strong upwards movement coming soon
REVERSAL FROM 200D & 50D SMA ("DAILY" CHART) -
Price has also recently tested two sma including testing one 50D twice indicating strong support for move upwards
VOLUME SURGE -
Volume has surged...
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...
as 3 Years consolidation Breakout and today Retest done with morning candle, SL is only 4% and expected Return 150% stay tune with me to get more update.
📢 Double Top Pattern 📢
CMP: 1077.45
If stock price 1057.50 day closing candle below than bearish movement see in coming days!
These are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar 📡
This content only education purpose!
❗I am not sebi ragister❗
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...
Grasim has shown typical pattern of respecting trendline as a resistance.
However I have marked a dotted trendline which is forming structure within structure. In a simple words if Grasim regains prices above previous trendline which overall market sentiment positive then there is good chance for Grasim to go up.
Do not enter early.
This is just for education...
