Grasim Industries Ltd.
Long
Aggiornato

GRASIM INDUSTRIES - TRENDING UP (GOOD INVESTMENT)

1 040
It is been observed on the Monthly Chart that the price action is trending up by making higher lows and higher highs (indicated on the chart with a long upward moving arrow). Hence it is providing a good investment opportunity at current levels. It is also fundamentally strong company and with interest rate and inflation going down shall benefit the company's upcoming quarter returns.

I believe it shall further move up and continue the trend in coming months. Therefore, I expect the price action to cross above 1100 levels soon.

Target: 1120

Stoploss: 1000

Risk Reward: 1:1

Duration: 1-2 Months.
Trade attivo
Trade attivo
Trade attivo
Trade chiuso: obiettivo raggiunto
Target reached successfully. Regards

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