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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 2024-09-20 View latest technical analysis

10 day averaged volume of Grasim Industries is 464685

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	2678.25	2745.00	2755.70	2664.20	5.93 times
19 Thu Sep 2024	2738.95	2743.00	2775.00	2722.30	0.974 times
18 Wed Sep 2024	2722.70	2754.85	2777.00	2715.00	0.717 times
17 Tue Sep 2024	2754.85	2769.00	2777.30	2730.00	0.545 times
16 Mon Sep 2024	2765.30	2802.80	2819.05	2757.30	0.929 times
13 Fri Sep 2024	2784.35	2760.10	2799.00	2748.20	1.366 times
12 Thu Sep 2024	2757.10	2690.60	2765.00	2678.75	2.022 times
11 Wed Sep 2024	2681.15	2710.00	2729.50	2674.10	0.749 times
10 Tue Sep 2024	2702.55	2700.00	2715.15	2677.00	0.928 times
09 Mon Sep 2024	2710.35	2689.95	2715.40	2673.90	0.576 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 2689.4, but if it comes above 2689.4, then a intra day buy could be more profitable.
If you take a sell trade below 2689.4, then use 2689.4 as stoploss and 2651.9 as target. However if you take a buy trade in stock , then use 2689.4 as stoploss and 2720.62 as target.

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	2640.05
Upside Target	2763.20
Upside Target	2774.00
Upside Target	2780.90
Upside Target	2788.65
Upside Target	2799.00
Upside Target	2819.05
Upside Target	2877.75

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2621.95
Downside Intraday Target	2565.65
Upside Intraday Target	2776.8
Upside Intraday Target	2875.35
Upside Intraday Target	2720.5

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	2678.25	2802.80	2819.05	2664.20	1.612 times
13 Fri Sep 2024	2784.35	2689.95	2799.00	2673.90	0.773 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Grasim Industries (GRASIM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	2678.25	2706.75	2819.05	2664.20	0.486 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 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 mid to longer 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.

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 but the sell signal is initial and weak.

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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 2716.33 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 positive

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