Warning-
as we can see that GRASIM is currently trading in a consolidation-to-reversal zone after recent correction, where downside momentum is gradually weakening and base formation is visible. Such structures often lead to pullback rallies or trend resumption on the upside.
On the technical front, RSI is hovering around 51–57 levels, which indicates a neutral-to-bullish shift, meaning the stock is moving out of weak territory and gaining strength for upside continuation . This type of RSI recovery is a classic early sign of bullish momentum building
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