MohitKakkad

Go long Grasim

做多
MohitKakkad 已更新   
NSE:GRASIM   GRASIM INDUSTRIES
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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交易结束:到达目标:
First target achieved. Moving towards second target
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