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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 2024-08-21 View latest technical analysis

10 day averaged volume of Grasim Industries is 1023468

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	2684.85	2640.05	2692.05	2625.15	0.838 times
20 Tue Aug 2024	2636.70	2608.00	2648.90	2589.05	0.67 times
19 Mon Aug 2024	2598.40	2619.80	2635.15	2557.05	0.666 times
16 Fri Aug 2024	2600.35	2512.40	2608.00	2512.40	0.709 times
14 Wed Aug 2024	2512.40	2524.00	2534.50	2505.05	0.28 times
13 Tue Aug 2024	2519.25	2572.00	2579.40	2512.15	0.767 times
12 Mon Aug 2024	2571.10	2570.00	2621.00	2555.05	1.785 times
09 Fri Aug 2024	2572.75	2556.10	2638.95	2540.05	2.616 times
08 Thu Aug 2024	2544.65	2623.25	2633.80	2531.10	1.172 times
07 Wed Aug 2024	2637.05	2650.00	2659.40	2632.25	0.539 times

My analysis of stock is bullish for shortterm, and stock might move up till 2778 or till 2906. Use a stoploss of 2671.38 and if this stock hits its stoploss, then it can fall down till 2564.73

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
Downside Target	2621.00
Upside Target	2692.05
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	2597.25
Downside Intraday Target	2509.65
Upside Intraday Target	2732.25
Upside Intraday Target	2779.65
Downside Intraday Target	2644.65

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	2684.85	2619.80	2692.05	2557.05	0.614 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 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 Wed Aug 2024	2684.85	2781.95	2788.65	2505.05	0.632 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 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 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 BUY. 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 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 BUY signal in short term and the buying is gaining 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 2584.13 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 negative.

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