Tuesday, 13 February 2018

STOCK FUTURE TRADING TIP FOR 14 FEB 2018


BUY  GRASIM ABOVE 1130 TGT 1150/1180 SL 1100
Primary trend of the GRASIM  is bullish After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1130 as the stock is managing to sustain above the level of 1130. One may get the targets of 1150,1200 in the stock with the stop loss of 1100.Overall trend of the stock is bullish. if the stock is managing to trade above its RSI of 50.And GRASIM manages to sustain above the immediate support level of 1110. 22 &55&200 EMA can see as a strong resistance at 1153,1168,1141. It is likely to experience fresh buying with the crossing of 200 EMA . On the other hand, If the Grasim manages to close below these levels then the Grasim can drift to the levels of 1090 to 1060 with the stop loss of 1140.

DAILY CHART FOR GRASIM:

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