Login or Join
Learn then Earn

(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)

10 day averaged volume of Grasim Industries is 647519

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 2436.65 2455.95 2463.05 2418.30 1.116 times
21 Tue May 2024 2446.65 2430.10 2449.95 2406.40 0.858 times
20 Mon May 2024 2434.35 2444.00 2448.50 2424.35 0.073 times
17 Fri May 2024 2423.65 2374.00 2433.65 2374.00 1.829 times
16 Thu May 2024 2372.60 2382.00 2386.00 2310.20 1.824 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2438.7 as stoploss in an intra day sell trade for a target of 2399.4. However, stock will show a bullish move above 2438.7.

Share price targets for Grasim Industries (GRASIM)

Target Type Value
Downside Target 2016.55
Downside Target 2128.60
Downside Target 2182.05
Downside Target 2384.30
Downside Target 2406.40
Downside Target 2433.65
Upside Target 2438.45
Upside Target 2463.05
Upside Target 2487.00
Upside Target 2489.75

Intraday share price targets for Grasim Industries (GRASIM)

Target Type Value
Downside Intraday Target 2407.68
Downside Intraday Target 2378.72
Upside Intraday Target 2464.33
Upside Intraday Target 2492.02
Downside Intraday Target 2435.37

Weekly technical analysis of Grasim Industries (GRASIM)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 2436.65 2444.00 2463.05 2406.40 0.358 times
17 Fri May 2024 2423.65 2377.90 2433.65 2310.20 1.252 times
10 Fri May 2024 2377.15 2489.00 2489.75 2322.00 0.685 times
03 Fri May 2024 2481.35 2355.00 2487.00 2309.60 0.812 times
26 Fri Apr 2024 2342.45 2275.00 2384.30 2266.05 1.76 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
22 Wed May 2024 2436.65 2410.00 2489.75 2310.20 0.754 times
30 Tue Apr 2024 2411.65 2300.00 2438.45 2201.35 0.894 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 23, 22, 2 Buy
MACD 71, 69Buy
Stochastics 86Buy
CCI 105Buy
RSI 53Buy
OBV 7091993Sell
VWAP 2396Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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

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 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 red color and prices are in or above the red 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 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 2395.67 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.

Click here for Grasim Industries charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme