GRASIM... PARALLEL CHANNEL BREAKOUT
The chart of Grasim looks somewhat similar to the chart of Dixon.
Grasim has been consolidating within an ascending parallel channel since March and a strong breakout through the resistance trendline can be seen on Thursday's trade.
Good to enter for both short and long-term trades.
Targets- 1840 and 2000.
Add more if there is a retracement to 1680 to 1700 levels.
Should be an easy trade.
Grasim has been consolidating within an ascending parallel channel since March and a strong breakout through the resistance trendline can be seen on Thursday's trade.
Good to enter for both short and long-term trades.
Targets- 1840 and 2000.
Add more if there is a retracement to 1680 to 1700 levels.
Should be an easy trade.
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