Grasim - Bullish Setup

Good bullish setup shaping up in Grasim. A new consolidation above 2875-2900, will help further with upmove. Trading close to ATH, above MA's, decent RSI, volumes are consistent. I will consider it more as a positional candidate. A well known name from Birla Group. Had a decent Q1 and with India govt focus on Infra expansion, it should benefit.

Disclaimer - Shared for education and study purpose. Please do self analysis or consult your advisor before taking any position.