GRASIM INDUSTRIES LTD
Short
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GRASIM, Inside Candle + Support Breakdown Formation

GRASIM broke mid term support line last week and for past 3 days it has been consolidating.
If this break 1540 (1530 for safe traders), then there is possibility of down move.
Along with support breakdown, this also has inside candle formation.

Should be avoided in case of gap down below 1535.

Thanks
Piyush Gupta
Note
Type on the label of chart. It should be GRASIM and not GRANULES.

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