GRASIM
is looking Good to enter if you want to invest in Nifty Infra for the upcoming weeks. Even though volatility in the market has started to increase. It is stable and holding its levels Positively.
With every Swing in it, volatility is reducing & it can give huge returns in a shorter period.
One Can take Stop loss near the zone of 1760 (Tight SL) and 1700 as a (Loose SL)
Trade horizon can vary on movement of the stock, (Ideally 3-6 months)
I'll keep you updated here so make sure to follow for updates. and you can ask questions in the comments.
Follow for Such Ideas
Bình luận:
Less erratic than other Nifty 50 equities, Grasim is currently trading between yesterday's high and low; a break of these levels will determine additional future movement.
Bình luận:
Now that the retest in Grasim has been completed, I anticipate some good moves if the market remains positive. If it falls again, however, options traders should be prepared to take a stop loss.
Bình luận:
Grasim Update:- The SL of 1760 got triggered. As a result, I have left the majority of my positions (60–65%). I'll take care of the rest. waiting for the major support of 18050-18100 to turn the game.
With a big event coming up tomorrow(Gujrat Election's result), it would be wise to remain cautious with small caps and metals.