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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 2024-04-09 View latest technical analysis

10 day averaged volume of Grasim Industries is 669063

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	2301.30	2296.95	2312.35	2281.95	0.58 times
08 Mon Apr 2024	2280.80	2247.00	2288.45	2235.00	0.416 times
05 Fri Apr 2024	2237.55	2275.05	2277.10	2233.50	0.68 times
04 Thu Apr 2024	2277.85	2309.50	2323.75	2249.50	1.218 times
03 Wed Apr 2024	2305.45	2303.60	2316.15	2288.05	0.454 times
02 Tue Apr 2024	2306.30	2297.00	2316.00	2275.00	0.667 times
01 Mon Apr 2024	2292.55	2300.00	2319.20	2289.05	0.432 times
28 Thu Mar 2024	2287.30	2210.00	2309.20	2210.00	2.67 times
27 Wed Mar 2024	2207.35	2240.00	2251.95	2198.70	1.545 times
26 Tue Mar 2024	2240.05	2215.00	2242.10	2201.65	1.094 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2282.9, but if it comes below 2282.9, then a intra day sell could be more profitable.
If you take a sell trade below 2282.9, then use 2282.9 as stoploss and 2233.68 as target. However if you take a buy trade in stock , then use 2282.9 as stoploss and 2341.9 as target.

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	2008.00
Downside Target	2128.60
Downside Target	2234.00
Downside Target	2235.00
Downside Target	2244.00
Downside Target	2270.55
Upside Target	2309.20
Upside Target	2312.35
Upside Target	2323.75

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2253.42
Downside Intraday Target	2205.53
Upside Intraday Target	2330.77
Upside Intraday Target	2360.23
Downside Intraday Target	2282.88

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	2301.30	2247.00	2312.35	2235.00	0.289 times
05 Fri Apr 2024	2237.55	2300.00	2323.75	2233.50	0.65 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

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
09 Tue Apr 2024	2301.30	2300.00	2323.75	2233.50	0.188 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 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 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2267.62 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.