Grasim good short candidate
Grasim spot cmp 1445
Strong resistance seen around 1460 to 1470 levels
2 times price rejection around same levels,,
On verge to break rising trend line support
RSI bearish divergence indicates weakness at higher levels,,
Rising wedge formation,,
Counter is ready for 5-7-10% crash,,
Good short candidate..
Strong resistance seen around 1460 to 1470 levels
2 times price rejection around same levels,,
On verge to break rising trend line support
RSI bearish divergence indicates weakness at higher levels,,
Rising wedge formation,,
Counter is ready for 5-7-10% crash,,
Good short candidate..
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