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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 2024-08-19 View latest technical analysis

10 day averaged volume of Grasim Industries is 1031757

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	2598.40	2619.80	2635.15	2557.05	0.661 times
16 Fri Aug 2024	2600.35	2512.40	2608.00	2512.40	0.704 times
14 Wed Aug 2024	2512.40	2524.00	2534.50	2505.05	0.278 times
13 Tue Aug 2024	2519.25	2572.00	2579.40	2512.15	0.761 times
12 Mon Aug 2024	2571.10	2570.00	2621.00	2555.05	1.771 times
09 Fri Aug 2024	2572.75	2556.10	2638.95	2540.05	2.595 times
08 Thu Aug 2024	2544.65	2623.25	2633.80	2531.10	1.162 times
07 Wed Aug 2024	2637.05	2650.00	2659.40	2632.25	0.534 times
06 Tue Aug 2024	2620.50	2627.00	2679.40	2610.00	0.789 times
05 Mon Aug 2024	2612.25	2655.15	2678.95	2587.75	1.017 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2572.2 as stoploss in an intra day buy trade for a target of 2687.04. However, stock will show a bearish move below 2572.2.

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	2679.40
Upside Target	2701.00
Upside Target	2702.00
Upside Target	2788.65
Upside Target	2865.00
Upside Target	2877.75

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2558.58
Downside Intraday Target	2518.77
Upside Intraday Target	2636.68
Upside Intraday Target	2674.97
Downside Intraday Target	2596.87

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	2598.40	2619.80	2635.15	2557.05	0.188 times
16 Fri Aug 2024	2600.35	2570.00	2621.00	2505.05	0.576 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

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
19 Mon Aug 2024	2598.40	2781.95	2788.65	2505.05	0.556 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 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 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 Weak and stock is losing momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Grasim Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 2578.15 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 negative.

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