Grasim Industries : +9% to +30% Upside Potential

Grasim Industries : 14 Dec 2022

Summary :
• BO with Volume (28 Nov 2022)
• Base of 3 months
• Approx 1 year of Head & Shoulder Pattern
• Potential of +9% to +30%


Conslusion:
• CMP 1830
• Long positions can be initiated
• Stop Below 1775 or 1675 for longer term target
• Higher targets could be around
o Short Term – 1981/2103
o Mid to Long Term – 2221/2340

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat