Grasim Industries : +9% to +30% Upside Potential

Grasim Industries : 14 Dec 2022

Summary :
• BO with Volume (28 Nov 2022)
• Base of 3 months
• Approx 1 year of Head & Shoulder Pattern
• Potential of +9% to +30%


Conslusion:
• CMP 1830
• Long positions can be initiated
• Stop Below 1775 or 1675 for longer term target
• Higher targets could be around
o Short Term – 1981/2103
o Mid to Long Term – 2221/2340

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat

Chart PatternsInverse Head and ShouldersnsepriceactionsetupTrend AnalysisWave Analysis

Dhiraj Singh Bais
App : Power Profit Academy
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Website : dhirajsinghbais.com/

Twitter: @OldSchoolTdr007
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