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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.

10 day averaged volume of Grasim Industries is 710598

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	2337.75	2378.00	2384.30	2333.00	1.438 times
23 Tue Apr 2024	2370.15	2278.45	2376.00	2278.40	2.566 times
22 Mon Apr 2024	2280.55	2275.00	2286.85	2266.05	0.627 times
19 Fri Apr 2024	2273.15	2220.00	2290.75	2201.35	1.493 times
18 Thu Apr 2024	2226.05	2245.05	2300.85	2219.45	1.389 times
16 Tue Apr 2024	2242.95	2229.00	2249.25	2221.10	0.785 times
15 Mon Apr 2024	2237.40	2239.00	2253.40	2224.80	0.584 times
12 Fri Apr 2024	2254.05	2297.00	2307.00	2249.30	0.894 times
10 Wed Apr 2024	2306.35	2309.95	2314.90	2291.55	0.723 times
09 Tue Apr 2024	2301.30	2296.95	2312.35	2281.95	0.546 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2314.6, but if it comes below 2314.6, then a intra day sell could be more profitable.
If you take a sell trade below 2314.6, then use 2314.6 as stoploss and 2274.42 as target. However if you take a buy trade in stock , then use 2314.6 as stoploss and 2362.7 as target.

Share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Target	2008.00
Downside Target	2128.60
Downside Target	2244.00
Downside Target	2266.05
Downside Target	2300.85
Downside Target	2309.20
Downside Target	2314.90
Downside Target	2323.75
Upside Target	2384.30

Intraday share price targets for Grasim Industries (GRASIM)

Target Type	Value
Downside Intraday Target	2274.43
Downside Intraday Target	2211.12
Upside Intraday Target	2392.68
Upside Intraday Target	2447.62
Downside Intraday Target	2329.37

Weekly technical analysis of Grasim Industries (GRASIM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	2337.75	2275.00	2384.30	2266.05	1.089 times
19 Fri Apr 2024	2273.15	2239.00	2300.85	2201.35	1.664 times
12 Fri Apr 2024	2254.05	2247.00	2314.90	2235.00	0.786 times
05 Fri Apr 2024	2237.55	2300.00	2323.75	2233.50	0.65 times
28 Thu Mar 2024	2287.30	2215.00	2309.20	2198.70	1.091 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
24 Wed Apr 2024	2337.75	2300.00	2384.30	2201.35	0.661 times
28 Thu Mar 2024	2287.30	2209.00	2309.20	2128.60	0.665 times
29 Thu Feb 2024	2191.40	2175.00	2244.00	2027.50	1.532 times
31 Wed Jan 2024	2175.00	2145.00	2182.05	2016.55	1.166 times

Scroll below to view daily charts

Price has moved up 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Grasim Industries ( (GRASIM) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Grasim Industries in short term and the buy 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 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 but buying 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 2296.57 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 positive

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