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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 2024-03-18 View latest technical analysis

10 day averaged volume of Grasim Industries is 816160

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	2203.10	2181.00	2214.00	2170.00	0.623 times
15 Fri Mar 2024	2197.10	2185.10	2208.90	2165.05	3.223 times
14 Thu Mar 2024	2196.50	2149.90	2204.90	2128.60	1.344 times
13 Wed Mar 2024	2149.10	2194.00	2203.05	2137.30	1.08 times
12 Tue Mar 2024	2184.00	2236.00	2246.95	2172.85	1.093 times
11 Mon Mar 2024	2236.80	2230.00	2270.55	2225.50	0.735 times
07 Thu Mar 2024	2228.10	2239.00	2250.35	2208.00	0.637 times
06 Wed Mar 2024	2236.50	2237.90	2252.95	2196.60	0.832 times
05 Tue Mar 2024	2231.50	2230.10	2251.90	2220.45	0.492 times
04 Mon Mar 2024	2234.15	2245.00	2260.00	2226.30	0.519 times

My analysis of stock is bearish for shortterm, and stock might move down till 2181.8 or till 2151.1. Use a stoploss of 2207.42 and if the stock hits stoploss, then it can shoot up till 2233.02

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	1861.40
Downside Target	2008.00
Downside Target	2102.20
Downside Target	2196.60
Upside Target	2214.00
Upside Target	2244.00
Upside Target	2260.00
Upside Target	2268.95
Upside Target	2270.55

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2177.4
Downside Intraday Target	2151.7
Upside Intraday Target	2221.4
Upside Intraday Target	2239.7
Downside Intraday Target	2195.7

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	2203.10	2181.00	2214.00	2170.00	0.083 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
02 Sat Mar 2024	2245.75	2204.10	2268.95	2157.80	0.59 times
23 Fri Feb 2024	2194.40	2107.45	2244.00	2102.20	2.338 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
18 Mon Mar 2024	2203.10	2209.00	2270.55	2128.60	0.4 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 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 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 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 losing momentum.

MACD generated a SELL signal for Grasim Industries in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls 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 but BUY signal is weak.

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 2202.26 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 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.