Grasim readying to make a move?

Grasim Industries Limited (Aditya Birla) is an Indian building material manufacturing company based in Mumbai, Maharashtra. It was started in 1948 as a textile manufacturer. Wikipedia 

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The charts show a strength not seen earlier in this stock. The consolidation makes for a low downside risk. Grasim may correct a bit before making a move beyond it’s previous highs. Buy for LT Investor.

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