Long Setup in Grasim Industries

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An On Neck Chart Pattern Breakout happened on the Daily Time frame of GRASIM

Price Action is well supported by the volume.

The stock is currently in uptrend making higher highs and higher lows.

One can add this stock into their stocks to buy list.

Initiate the long trade only according to the levels mentioned.

Stop loss will be on a Daily closing basis.


Trend Analysis :- UP Trend
Chart Pattern :- Bullish On-Neck Chart Pattern
Technical Indicator :- Positive MACD Crossover
交易結束:達到停損點
Stop loss reached but on the weekly time frame the pattern is intact
Chart PatternsGRASIMgrasimanalysisgrasimbuygrasimindgrasimindustriesgrasiminvestmentgrasimlonggrasimltdgrasimshortTechnical IndicatorsTrend Analysis

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