GRASIM, TREND LINE & RESISTANCE BO WITH VOLUME

1 באוג׳ 2020

GRASIM has given breakout from 8 month TREND LINE and closed very near to horizontal resistance line around 636.
If this trade above 637 (643 for safe trader) in Monday's session then it can give good move in intraday. If this good closing on Monday then around 680 is next big resistance and it can be possible positional target. Please note NIFTY trend is currently volatile and we need NIFTY support for same to sustain.

FOR MORE INTRADAY RECOMMENDATIONS & CHARTS REACH OUT.

Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need.
Reach out if you wish to learn simplest form of price action and willing to put effort in practice.

Watchout my previous ideas to understand how easy it is to understand price action and earn from it.

Cheers!
Piyush Gupta