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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 2024-03-19 View latest technical analysis

10 day averaged volume of Grasim Industries is 863188

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	2173.80	2199.00	2206.10	2163.85	0.765 times
18 Mon Mar 2024	2203.10	2181.00	2214.00	2170.00	0.589 times
15 Fri Mar 2024	2197.10	2185.10	2208.90	2165.05	3.047 times
14 Thu Mar 2024	2196.50	2149.90	2204.90	2128.60	1.271 times
13 Wed Mar 2024	2149.10	2194.00	2203.05	2137.30	1.021 times
12 Tue Mar 2024	2184.00	2236.00	2246.95	2172.85	1.033 times
11 Mon Mar 2024	2236.80	2230.00	2270.55	2225.50	0.695 times
07 Thu Mar 2024	2228.10	2239.00	2250.35	2208.00	0.602 times
06 Wed Mar 2024	2236.50	2237.90	2252.95	2196.60	0.786 times
05 Tue Mar 2024	2231.50	2230.10	2251.90	2220.45	0.465 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2180, but if it comes above 2180, then a intra day buy could be more profitable.
If you take a sell trade below 2180, then use 2180 as stoploss and 2148.3 as target. However if you take a buy trade in stock , then use 2180 as stoploss and 2206.5 as target.

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	2214.00
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	2153.77
Downside Intraday Target	2133.73
Upside Intraday Target	2203.92
Upside Intraday Target	2234.03
Upside Intraday Target	2183.88

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	2173.80	2181.00	2214.00	2163.85	0.192 times
15 Fri Mar 2024	2197.10	2230.00	2270.55	2128.60	3.015 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

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
19 Tue Mar 2024	2173.80	2209.00	2270.55	2128.60	0.428 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 down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Grasim Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 2198.62 and Grasim Industries (GRASIM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.