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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.

10 day averaged volume of Grasim Industries is 453920

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	2242.95	2229.00	2249.25	2221.10	1.229 times
15 Mon Apr 2024	2237.40	2239.00	2253.40	2224.80	0.914 times
12 Fri Apr 2024	2254.05	2297.00	2307.00	2249.30	1.4 times
10 Wed Apr 2024	2306.35	2309.95	2314.90	2291.55	1.131 times
09 Tue Apr 2024	2301.30	2296.95	2312.35	2281.95	0.855 times
08 Mon Apr 2024	2280.80	2247.00	2288.45	2235.00	0.613 times
05 Fri Apr 2024	2237.55	2275.05	2277.10	2233.50	1.002 times
04 Thu Apr 2024	2277.85	2309.50	2323.75	2249.50	1.795 times
03 Wed Apr 2024	2305.45	2303.60	2316.15	2288.05	0.669 times
02 Tue Apr 2024	2306.30	2297.00	2316.00	2275.00	0.983 times

My analysis of stock is bearish for shortterm, and stock might move down till 2203 or till 2149.7. Use a stoploss of 2247.39 and if the stock hits stoploss, then it can shoot up till 2291.79

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
Upside Target	2244.00
Upside Target	2253.40
Upside Target	2309.20
Upside Target	2314.90
Upside Target	2323.75

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2224.9
Downside Intraday Target	2206.85
Upside Intraday Target	2257.2
Upside Intraday Target	2271.45
Downside Intraday Target	2239.15

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	2242.95	2239.00	2253.40	2221.10	0.536 times
12 Fri Apr 2024	2254.05	2247.00	2314.90	2235.00	0.786 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

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
16 Tue Apr 2024	2242.95	2300.00	2323.75	2221.10	0.323 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 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 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 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 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 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 in or below the green cloud Prices appear to be moving up

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

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 2272.84 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.