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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 2024-09-11 View latest technical analysis

10 day averaged volume of Grasim Industries is 700641

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	2681.15	2710.00	2729.50	2674.10	0.496 times
10 Tue Sep 2024	2702.55	2700.00	2715.15	2677.00	0.616 times
09 Mon Sep 2024	2710.35	2689.95	2715.40	2673.90	0.382 times
06 Fri Sep 2024	2692.85	2740.00	2744.60	2674.05	0.793 times
05 Thu Sep 2024	2741.60	2774.00	2774.00	2735.30	0.674 times
04 Wed Sep 2024	2757.65	2695.00	2763.95	2687.25	1.597 times
03 Tue Sep 2024	2706.85	2680.10	2710.00	2680.10	0.746 times
02 Mon Sep 2024	2690.80	2706.75	2729.65	2675.55	1.028 times
30 Fri Aug 2024	2698.85	2676.20	2708.90	2676.20	1.42 times
29 Thu Aug 2024	2676.20	2714.90	2719.00	2640.05	1.344 times

My analysis of stock is bearish for shortterm, and stock might move down till 2628.3 or till 2557.5. Use a stoploss of 2687.37 and if the stock hits stoploss, then it can shoot up till 2746.42

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	2171.60
Downside Target	2295.95
Downside Target	2489.75
Downside Target	2557.05
Downside Target	2621.00
Upside Target	2729.50
Upside Target	2763.20
Upside Target	2774.00
Upside Target	2780.90
Upside Target	2788.65
Upside Target	2877.75

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2660.2
Downside Intraday Target	2639.25
Upside Intraday Target	2715.8
Upside Intraday Target	2750.45
Upside Intraday Target	2694.85

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	2681.15	2689.95	2729.50	2673.90	0.309 times
06 Fri Sep 2024	2692.85	2706.75	2774.00	2674.05	0.682 times
30 Fri Aug 2024	2698.85	2752.00	2763.20	2640.05	0.921 times
23 Fri Aug 2024	2748.55	2619.80	2780.90	2557.05	1.488 times
16 Fri Aug 2024	2600.35	2570.00	2621.00	2505.05	0.576 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
11 Wed Sep 2024	2681.15	2706.75	2774.00	2673.90	0.211 times
30 Fri Aug 2024	2698.85	2781.95	2788.65	2505.05	1.029 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

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 BUY. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 2707.99 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.