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GRASIM INDUSTRIES LTD

GRASIM INDUSTRIES TECHNICAL ANALYSIS

Por MAYANKTECHRESEARCH
HELLO FRIENDS I AM AGAIN WITH A NEW IDEA . FRIENDS I HAVE GRASIM'S CHART PATTERN . FRIENDS IT IS MAKING TRIPLE TOP CHART PATTERN. ITS SUPPORT PRICE IS AT RS 570 AND RESISTANCE PRICE IS AT RS 645 IT TARGET YOU CAN TAKE FOR DOWNWARD IS AT RS 500 . AND IF IT BREAKS UPWARD ITS TARGET CAN BE RS 670 . MY OPINION :- I THINK IT CAN GO DOWN BECAUSE IT IS MAKING TRIPLE TOP CHART PATTERN AND THUS TRIPLE TOP IS A BEARISH SIGNAL I THINK IT CAN GO DOWN BUT IF IT GIVE'S YOU BREAKOUT AT THE DOWNWARD THEN IT WILL TRY TO COME ONCE AGAIN AT THE SUPPORT LINE AD THEN IT WILL GO DOWN AS SHOWN IN THE PICTURE .
THANK YOU PLEASE LIKE AND FOLLOW ME .
Moving AveragesSupport and ResistanceTrend Lines
MAYANKTECHRESEARCH

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