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
Do like, share, follow and comment on my posts if you agree with them and find value.
交易结束:到达目标
First target achieved. Moving towards second target免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
