Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-21 View latest technical analysis

10 day averaged volume of Grasim Industries is 912283

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	2205.55	2188.00	2211.30	2175.30	0.965 times
20 Wed Mar 2024	2167.50	2175.50	2196.15	2131.00	0.719 times
19 Tue Mar 2024	2173.80	2199.00	2206.10	2163.85	0.724 times
18 Mon Mar 2024	2203.10	2181.00	2214.00	2170.00	0.557 times
15 Fri Mar 2024	2197.10	2185.10	2208.90	2165.05	2.883 times
14 Thu Mar 2024	2196.50	2149.90	2204.90	2128.60	1.203 times
13 Wed Mar 2024	2149.10	2194.00	2203.05	2137.30	0.966 times
12 Tue Mar 2024	2184.00	2236.00	2246.95	2172.85	0.977 times
11 Mon Mar 2024	2236.80	2230.00	2270.55	2225.50	0.657 times
07 Thu Mar 2024	2228.10	2239.00	2250.35	2208.00	0.57 times

My analysis of stock is bullish for shortterm, and stock might move up till 2233.1 or till 2266.3. Use a stoploss of 2205.39 and if this stock hits its stoploss, then it can fall down till 2177.73

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	2153.03
Downside Intraday Target	2100.52
Upside Intraday Target	2236.03
Upside Intraday Target	2266.52
Downside Intraday Target	2183.52

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	2205.55	2181.00	2214.00	2131.00	0.443 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
21 Thu Mar 2024	2205.55	2209.00	2270.55	2128.60	0.492 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 to mid 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 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.

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. 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 and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 2192.92 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.