Grasim has given a strong breakout from recent consolidation (Flag) today. Although volumne could have been better but other factors can't be ignored.
Grasim has followed Fibonnaci beautifully & bounced from 50% retracement level.
It can see 1832-35 as target which co-incides with 1.6 extension level.
Time & again, it has bounced from EMA 21 and moved well.
It can move above 1800 tomorrow.
Thanks
Piyush Gupta
Learn & Earn
Grasim has followed Fibonnaci beautifully & bounced from 50% retracement level.
It can see 1832-35 as target which co-incides with 1.6 extension level.
Time & again, it has bounced from EMA 21 and moved well.
It can move above 1800 tomorrow.
Thanks
Piyush Gupta
Learn & Earn
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.