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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.