#StockMarket #StockIdeas #StocktoWatch #Intraday #Shortposition
GRASIM INDUSTRIES
Grasim broke its support line and then consolidated for 3-4days.
Now again it broke down today forming Inside candle
Also rejection from 50% fib level and support at 38.2% fib level.
If it breaks 1515 levels then possibility of more downfall.
Avoided in case of gap down.
Note:
Levels are for education purposes only.
Do your own analysis before taking any trade
Grasim broke its support line and then consolidated for 3-4days.
Now again it broke down today forming Inside candle
Also rejection from 50% fib level and support at 38.2% fib level.
If it breaks 1515 levels then possibility of more downfall.
Avoided in case of gap down.
Note:
Levels are for education purposes only.
Do your own analysis before taking any trade
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