Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(GRASIM) Grasim Industries complete technical analysis [charts+indicators] | Buy/Sell Grasim Industries | (GRASIM) share price targets

Complete technical analysis of Grasim Industries (GRASIM) by charts plus indicators, forecast predictions and share price targets for Grasim Industries (GRASIM)

Grasim Industries trades in NSE in Textiles sector.

Showing technical analysis as on 2024-03-06 View latest technical analysis

10 day averaged volume of Grasim Industries is 1104086

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	2236.50	2237.90	2252.95	2196.60	0.615 times
05 Tue Mar 2024	2231.50	2230.10	2251.90	2220.45	0.363 times
04 Mon Mar 2024	2234.15	2245.00	2260.00	2226.30	0.384 times
02 Sat Mar 2024	2245.75	2260.00	2268.95	2240.00	0.034 times
01 Fri Mar 2024	2254.90	2209.00	2259.40	2196.75	0.748 times
29 Thu Feb 2024	2191.40	2186.00	2206.00	2157.80	1.358 times
28 Wed Feb 2024	2186.00	2202.00	2218.90	2173.25	1.084 times
27 Tue Feb 2024	2204.80	2190.20	2214.00	2190.20	0.611 times
26 Mon Feb 2024	2186.90	2204.10	2211.30	2174.80	0.82 times
23 Fri Feb 2024	2194.40	2234.00	2236.70	2182.60	1.491 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2233.3, but if it comes below 2233.3, then a intra day sell could be more profitable.
If you take a sell trade below 2233.3, then use 2233.3 as stoploss and 2178.63 as target. However if you take a buy trade in stock , then use 2233.3 as stoploss and 2299 as target.

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	1861.40
Downside Target	2008.00
Downside Target	2102.20
Downside Target	2148.25
Downside Target	2196.60
Downside Target	2199.00
Upside Target	2244.00
Upside Target	2260.00
Upside Target	2268.95

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2202.07
Downside Intraday Target	2167.63
Upside Intraday Target	2265.47
Upside Intraday Target	2294.43
Downside Intraday Target	2231.03

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	2236.50	2245.00	2260.00	2196.60	0.293 times
02 Sat Mar 2024	2245.75	2204.10	2268.95	2157.80	0.59 times
23 Fri Feb 2024	2194.40	2107.45	2244.00	2102.20	2.338 times
16 Fri Feb 2024	2105.65	2175.00	2199.00	2027.50	0.615 times
09 Fri Feb 2024	2168.50	2130.10	2182.00	2046.90	1.718 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Grasim Industries (GRASIM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	2236.50	2209.00	2268.95	2196.60	0.1 times
29 Thu Feb 2024	2191.40	2175.00	2244.00	2027.50	1.532 times
31 Wed Jan 2024	2175.00	2145.00	2182.05	2016.55	1.166 times
29 Fri Dec 2023	2134.80	2019.95	2148.25	2008.00	1.319 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Grasim Industries (GRASIM)

Price action analysis of Grasim Industries ( (GRASIM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Grasim Industries ( (GRASIM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Grasim Industries ( (GRASIM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Grasim Industries ( (GRASIM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Grasim Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Grasim Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Grasim Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Grasim Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Grasim Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2206.21 and Grasim Industries (GRASIM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Grasim Industries (GRASIM) stock. Volume based technical analysis of Grasim Industries (GRASIM) stock is negative.

Grasim Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.