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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 2024-03-01 View latest technical analysis

10 day averaged volume of Grasim Industries is 1339872

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	2254.90	2209.00	2259.40	2196.75	0.616 times
29 Thu Feb 2024	2191.40	2186.00	2206.00	2157.80	1.119 times
28 Wed Feb 2024	2186.00	2202.00	2218.90	2173.25	0.894 times
27 Tue Feb 2024	2204.80	2190.20	2214.00	2190.20	0.503 times
26 Mon Feb 2024	2186.90	2204.10	2211.30	2174.80	0.676 times
23 Fri Feb 2024	2194.40	2234.00	2236.70	2182.60	1.229 times
22 Thu Feb 2024	2201.20	2234.00	2244.00	2113.20	2.559 times
21 Wed Feb 2024	2194.00	2200.00	2222.00	2180.05	0.571 times
20 Tue Feb 2024	2192.25	2169.00	2222.00	2161.10	1.277 times
19 Mon Feb 2024	2168.60	2107.45	2190.00	2102.20	0.871 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 2274.4, for a target of 2205.1 or 2147.46

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	1861.40
Downside Target	2008.00
Downside Target	2148.25
Downside Target	2182.05
Downside Target	2196.75
Downside Target	2199.00
Downside Target	2244.00
Upside Target	2259.40

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2188.67
Downside Intraday Target	2122.43
Upside Intraday Target	2290.27
Upside Intraday Target	2325.63
Downside Intraday Target	2224.03

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	2254.90	2204.10	2259.40	2157.80	0.585 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 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 Fri Mar 2024	2254.90	2209.00	2259.40	2196.75	0.035 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 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 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 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 losing 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 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 SELL signal in short term but selling is losing 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 2196.2 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.