GRASIM, Flag + Fibonacci + Ema - Winning comination
Grasim has given a strong breakout from recent consolidation (Flag) today. Although volumne could have been better but other factors can't be ignored.
Grasim has followed Fibonnaci beautifully & bounced from 50% retracement level.
It can see 1832-35 as target which co-incides with 1.6 extension level.
Time & again, it has bounced from EMA 21 and moved well.
It can move above 1800 tomorrow.
Thanks
Piyush Gupta
Learn & Earn
Grasim has followed Fibonnaci beautifully & bounced from 50% retracement level.
It can see 1832-35 as target which co-incides with 1.6 extension level.
Time & again, it has bounced from EMA 21 and moved well.
It can move above 1800 tomorrow.
Thanks
Piyush Gupta
Learn & Earn
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.