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(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 2024-03-14 View latest technical analysis

10 day averaged volume of Grasim Industries is 675933

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	2196.50	2149.90	2204.90	2128.60	1.623 times
13 Wed Mar 2024	2149.10	2194.00	2203.05	2137.30	1.304 times
12 Tue Mar 2024	2184.00	2236.00	2246.95	2172.85	1.319 times
11 Mon Mar 2024	2236.80	2230.00	2270.55	2225.50	0.887 times
07 Thu Mar 2024	2228.10	2239.00	2250.35	2208.00	0.769 times
06 Wed Mar 2024	2236.50	2237.90	2252.95	2196.60	1.004 times
05 Tue Mar 2024	2231.50	2230.10	2251.90	2220.45	0.594 times
04 Mon Mar 2024	2234.15	2245.00	2260.00	2226.30	0.627 times
02 Sat Mar 2024	2245.75	2260.00	2268.95	2240.00	0.056 times
01 Fri Mar 2024	2254.90	2209.00	2259.40	2196.75	1.222 times

My analysis of stock is bearish for shortterm, and stock might move down till 2166.4 or till 2124.8. Use a stoploss of 2201.13 and if the stock hits stoploss, then it can shoot up till 2235.81

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	1861.40
Downside Target	2008.00
Downside Target	2102.20
Upside Target	2196.60
Upside Target	2199.00
Upside Target	2244.00
Upside Target	2260.00
Upside Target	2268.95
Upside Target	2270.55

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2126.55
Downside Intraday Target	2056.6
Upside Intraday Target	2268.5
Upside Intraday Target	2340.5
Upside Intraday Target	2198.55

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	2196.50	2230.00	2270.55	2128.60	1.715 times
07 Thu Mar 2024	2228.10	2245.00	2260.00	2196.60	0.394 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Grasim Industries (GRASIM)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	2196.50	2209.00	2270.55	2128.60	0.268 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Grasim Industries ( (GRASIM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Grasim Industries in short term but the sell signal is initial and weak.

Grasim Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 2211.43 and Grasim Industries (GRASIM) stock is trading below this level. This means that stock is falling with high volumes. 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.