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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 2024-08-12 View latest technical analysis

10 day averaged volume of Grasim Industries is 896211

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	2571.10	2570.00	2621.00	2555.05	2.039 times
09 Fri Aug 2024	2572.75	2556.10	2638.95	2540.05	2.988 times
08 Thu Aug 2024	2544.65	2623.25	2633.80	2531.10	1.338 times
07 Wed Aug 2024	2637.05	2650.00	2659.40	2632.25	0.615 times
06 Tue Aug 2024	2620.50	2627.00	2679.40	2610.00	0.908 times
05 Mon Aug 2024	2612.25	2655.15	2678.95	2587.75	1.171 times
02 Fri Aug 2024	2706.80	2749.50	2757.10	2701.00	0.448 times
01 Thu Aug 2024	2767.00	2781.95	2788.65	2753.60	0.428 times
31 Wed Jul 2024	2776.75	2790.90	2798.75	2761.55	0.739 times
30 Tue Jul 2024	2790.90	2828.20	2830.00	2782.85	0.805 times

Stock of Grasim Industries (GRASIM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2635.4, but if it comes above 2635.4, then a intra day buy could be more profitable.
If you take a sell trade below 2635.4, then use 2635.4 as stoploss and 2517.4 as target. However if you take a buy trade in stock , then use 2635.4 as stoploss and 2733.81 as target.

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	2171.60
Downside Target	2295.95
Downside Target	2438.45
Downside Target	2489.75
Upside Target	2621.00
Upside Target	2702.00
Upside Target	2734.50
Upside Target	2788.65
Upside Target	2852.95
Upside Target	2865.00
Upside Target	2877.75

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2543.77
Downside Intraday Target	2516.43
Upside Intraday Target	2609.72
Upside Intraday Target	2648.33
Upside Intraday Target	2582.38

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	2571.10	2570.00	2621.00	2555.05	0.29 times
09 Fri Aug 2024	2572.75	2655.15	2679.40	2531.10	2.356 times
02 Fri Aug 2024	2706.80	2859.90	2865.00	2701.00	0.415 times
26 Fri Jul 2024	2843.30	2702.00	2877.75	2702.00	1.739 times
19 Fri Jul 2024	2743.00	2850.00	2852.95	2734.50	0.732 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
12 Mon Aug 2024	2571.10	2781.95	2788.65	2531.10	0.435 times
31 Wed Jul 2024	2776.75	2666.20	2877.75	2662.05	0.854 times
28 Fri Jun 2024	2670.45	2400.00	2678.95	2171.60	1.366 times
31 Fri May 2024	2316.25	2410.00	2489.75	2295.95	1.242 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 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 and the sell signal is strong.

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 coming down

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 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 2621.34 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.