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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 2024-04-01 View latest technical analysis

10 day averaged volume of Grasim Industries is 1053615

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2292.55	2300.00	2319.20	2289.05	0.274 times
28 Thu Mar 2024	2287.30	2210.00	2309.20	2210.00	1.695 times
27 Wed Mar 2024	2207.35	2240.00	2251.95	2198.70	0.981 times
26 Tue Mar 2024	2240.05	2215.00	2242.10	2201.65	0.695 times
22 Fri Mar 2024	2223.55	2200.00	2234.00	2194.45	0.524 times
21 Thu Mar 2024	2205.55	2188.00	2211.30	2175.30	0.836 times
20 Wed Mar 2024	2167.50	2175.50	2196.15	2131.00	0.622 times
19 Tue Mar 2024	2173.80	2199.00	2206.10	2163.85	0.627 times
18 Mon Mar 2024	2203.10	2181.00	2214.00	2170.00	0.482 times
15 Fri Mar 2024	2197.10	2185.10	2208.90	2165.05	2.497 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2299.1, for a target of 2255.8 or 2219.76

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	2008.00
Downside Target	2128.60
Downside Target	2244.00
Downside Target	2260.00
Downside Target	2270.55
Downside Target	2289.05
Upside Target	2309.20
Upside Target	2319.20

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2281.33
Downside Intraday Target	2270.12
Upside Intraday Target	2311.48
Upside Intraday Target	2330.42
Upside Intraday Target	2300.27

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	2292.55	2300.00	2319.20	2289.05	0.081 times
28 Thu Mar 2024	2287.30	2215.00	2309.20	2198.70	1.091 times
22 Fri Mar 2024	2223.55	2181.00	2234.00	2131.00	0.534 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

Price has moved up 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
01 Mon Apr 2024	2292.55	2300.00	2319.20	2289.05	0.018 times
28 Thu Mar 2024	2287.30	2209.00	2309.20	2128.60	0.665 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

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 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong 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 buy signal for Grasim Industries in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2219.82 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.