Grasim Industries Ltd.
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Go long Grasim

48
GRASIM

Simple analysis on Grasim Daily Chart
1. Upward trendline support
2. Price breaking 200 moving average with volume more than 20 moving average
3. RSI above 60
4. Indecisive candles formed after big green breakout candle can lead to continuation of uptrend
5. Targets indicated by black line and fib extension ratios of 1.618 and 2.618

Stop loss can be 200 days moving average. Keep trailing your stop loss as and when targets are achieved

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Dagangan ditutup: sasaran tercapai
First target achieved. Moving towards second target

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.