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GRASIM 1D Indicating Strong Demand

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GRASIM INDUSTRIES (NSE:GRASIM)  
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NSE:GRASIM   GRASIM INDUSTRIES
Trend Analysis Beyond Technical Analysis consolidation-breakout Demand Zone monthlyconsolidation decreasingpullbacklength
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trendanalysis beyondta consolidation-breakout demandzone monthlyconsolidation decreasingpullbacklength
1) Price consolidating for more than a month
2) Two recent pullback with 2nd pullback with higher low indicating stocks is in strong up move

Watch for upside breakout after consolidation (accumulation phase at top). If it breaks down (distribution phase) then wait for price to retrace back to any of the previous pullback level and then reversal.
Trade ativo:
Has given breakout today with average volume
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