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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 2024-02-28 View latest technical analysis

10 day averaged volume of Grasim Industries is 1181308

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	2186.00	2202.00	2218.90	2173.25	1.014 times
27 Tue Feb 2024	2204.80	2190.20	2214.00	2190.20	0.571 times
26 Mon Feb 2024	2186.90	2204.10	2211.30	2174.80	0.766 times
23 Fri Feb 2024	2194.40	2234.00	2236.70	2182.60	1.394 times
22 Thu Feb 2024	2201.20	2234.00	2244.00	2113.20	2.903 times
21 Wed Feb 2024	2194.00	2200.00	2222.00	2180.05	0.648 times
20 Tue Feb 2024	2192.25	2169.00	2222.00	2161.10	1.448 times
19 Mon Feb 2024	2168.60	2107.45	2190.00	2102.20	0.988 times
16 Fri Feb 2024	2105.65	2091.40	2119.00	2086.85	0.342 times
15 Thu Feb 2024	2084.80	2085.70	2103.65	2072.80	0.428 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2189.5 as stoploss in an intra day sell trade for a target of 2138.55. However, stock will show a bullish move above 2189.5.

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	1828.05
Downside Target	2008.00
Downside Target	2148.25
Downside Target	2173.25
Downside Target	2182.00
Downside Target	2182.05
Upside Target	2199.00
Upside Target	2218.90
Upside Target	2244.00

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2166.53
Downside Intraday Target	2147.07
Upside Intraday Target	2212.18
Upside Intraday Target	2238.37
Upside Intraday Target	2192.72

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	2186.00	2204.10	2218.90	2173.25	0.319 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
09 Fri Feb 2024	2168.50	2130.10	2182.00	2046.90	1.718 times
02 Fri Feb 2024	2139.45	2080.00	2182.05	2077.75	1.648 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
28 Wed Feb 2024	2186.00	2175.00	2244.00	2027.50	1.435 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
30 Thu Nov 2023	2005.45	1894.00	2031.00	1861.40	0.729 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Grasim Industries in short term and the buy signal is strong.

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 coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 2185.38 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.