Grasim is reaching back to the channel

Grasim seem to be coming back to the channel it created in couple of months. there will be opportunity to short if it decisively falls back in the channel.

On the other side, looking at yesterdays price action, when Grasim breached the channel boundaries and closed above it. It may be a signal that Grasim took support there and the bounce back.
So i suggest we wait for it to take a side and we trade in that direction. This should be clear either today or max by tomorrow.