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Buy Grasim for target of Rs 1,080, stop loss of Rs 1,000: Religare Broking

Top technical calls by Religare Broking:

Buy Grasim for target of Rs 1,080, stop loss of Rs 1,000: Religare Broking

Top technical calls by Religare Broking:  Grasim Industries  Rec: BUY  Last Close: Rs 1,036.70 Initiation range: Rs 1,025-1035 Target: Rs 1,080 Stop loss: Rs 1,000 In line with correction in cement space, GRASIM also retraced from its record high i.e. 1300 to 990 in last seven months. However, its pace of fall was gradual in comparison to the others and it also strongly upheld the support zone of 100 EMA on the weekly chart. It’s completed the formation of fresh buying pivot after spending nearly a month around that zone. We ...