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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 2024-11-06 View latest technical analysis

10 day averaged volume of Grasim Industries is 604927

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	2645.95	2650.95	2667.55	2619.55	0.754 times
05 Tue Nov 2024	2650.95	2590.60	2661.40	2587.60	1.483 times
04 Mon Nov 2024	2590.60	2696.65	2700.00	2578.05	0.789 times
01 Fri Nov 2024	2698.90	2719.00	2719.00	2673.00	0.103 times
31 Thu Oct 2024	2695.85	2675.00	2704.00	2644.45	0.532 times
30 Wed Oct 2024	2672.55	2691.65	2708.60	2666.05	0.776 times
29 Tue Oct 2024	2686.00	2660.00	2690.00	2650.00	1.012 times
28 Mon Oct 2024	2646.95	2600.00	2665.95	2594.30	1.263 times
25 Fri Oct 2024	2615.20	2665.10	2675.05	2600.00	1.085 times
24 Thu Oct 2024	2666.70	2644.90	2695.95	2616.10	1.396 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 2639.4 as stoploss in an intra day buy trade for a target of 2685.9. However, stock will show a bearish move below 2639.4.

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	2505.05
Downside Target	2578.05
Upside Target	2662.05
Upside Target	2719.00
Upside Target	2765.40
Upside Target	2769.95
Upside Target	2788.65
Upside Target	2789.80
Upside Target	2824.00
Upside Target	2833.00
Upside Target	2877.75

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2582.67
Downside Intraday Target	2519.38
Upside Intraday Target	2704.62
Upside Intraday Target	2763.28
Downside Intraday Target	2641.33

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	2645.95	2696.65	2700.00	2578.05	0.821 times
01 Fri Nov 2024	2698.90	2600.00	2719.00	2594.30	0.709 times
25 Fri Oct 2024	2615.20	2760.00	2765.40	2600.00	1.336 times
18 Fri Oct 2024	2760.95	2737.55	2789.80	2674.65	0.965 times
11 Fri Oct 2024	2725.55	2760.00	2769.95	2685.50	0.81 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
06 Wed Nov 2024	2645.95	2719.00	2719.00	2578.05	0.155 times
31 Thu Oct 2024	2695.85	2794.05	2833.00	2594.30	0.733 times
30 Mon Sep 2024	2795.55	2706.75	2824.00	2583.95	0.792 times
30 Fri Aug 2024	2698.85	2781.95	2788.65	2505.05	1.029 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 buy signal for Grasim Industries in short term but BUY signal is weak.

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 2651.8 and Grasim Industries (GRASIM) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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