Monday, 6 April 2015

Grasim Positional Analysis 6-Apr-2015

 As per investing.com chart

UPDATE 8-APR-2015
Grasim hit 3778 from 3694.05

As per the chart,
CMP: 3694.05
Supports: 3590/3528.
Resistance: 4025.

As long as these levels support, I would like to see 3724 again.
Retracement Levels:

Retracement Levels: 3645 (done), 3718 (done), [3778], [3836], 3880, 3920.
Other targets: 3705, 3753, 3893.

So, as long as  3590/3528 supports, I would like to see
3705, 3718, 3724, 3753, 3778, 3836, 3880, 3893, 3920.

Trade Idea: Buy on dips or at cmp, with max sl 3587 for 3705, 3718, 3724, 3753, 3778, 3836, 3880, 3893, 3920.




Present Chart 8-Apr-2015