Grasim - Resistance Level

Grasim has entered one support point at 2164.

• MACD is still on the negative zone and the column bars are on the rise
• RSI is on an all time LOW
• The accumulation distribution chart is showing some signs of revival.
  

So I would wait for this stock for MACD to show some signs of resistance. Ideal entry point would be at around 2220 level and start accumulating the stock. However, the next level to watch would be 2330 and see if it can break that level.