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Grasim looks good

after two weeks of consolidation price made an high of 1095 and 1097 twice, and on daily chart it has made bearish engulfing pattern. 1047 is the key support level for Grasim, price may consolidate here in this range to make next move, if it doesnot hold this level and make a move next higher, it may be failed price action.
Nota
grasim 1064

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