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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)

10 day averaged volume of Grasim Industries is 968546

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 2471.20 2458.05 2523.70 2450.00 1.593 times
13 Thu Jun 2024 2458.05 2441.05 2475.55 2430.00 0.529 times
12 Wed Jun 2024 2450.15 2430.00 2476.85 2430.00 0.479 times
11 Tue Jun 2024 2456.90 2449.90 2482.00 2426.35 0.549 times
10 Mon Jun 2024 2446.80 2381.10 2472.00 2375.30 1.012 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2461.9, but if it comes below 2461.9, then a intra day sell could be more profitable.
If you take a sell trade below 2461.9, then use 2461.9 as stoploss and 2401.66 as target. However if you take a buy trade in stock , then use 2461.9 as stoploss and 2534.3 as target.

Share price targets for Grasim Industries (GRASIM)

Target Type Value
Downside Target 2027.50
Downside Target 2128.60
Downside Target 2171.60
Downside Target 2295.95
Downside Target 2375.30
Downside Target 2433.65
Downside Target 2438.45
Downside Target 2469.95
Upside Target 2474.80
Upside Target 2489.75
Upside Target 2523.70

Intraday share price targets for Grasim Industries (GRASIM)

Target Type Value
Downside Intraday Target 2389.77
Downside Intraday Target 2308.33
Upside Intraday Target 2538.17
Upside Intraday Target 2605.13
Downside Intraday Target 2456.73

Weekly technical analysis of Grasim Industries (GRASIM)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 2471.20 2381.10 2523.70 2375.30 0.713 times
07 Fri Jun 2024 2379.85 2400.00 2405.20 2171.60 1.063 times
31 Fri May 2024 2316.25 2441.05 2469.95 2295.95 1.834 times
24 Fri May 2024 2441.00 2444.00 2474.80 2395.65 0.783 times
17 Fri May 2024 2423.65 2377.90 2433.65 2310.20 1.252 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
14 Fri Jun 2024 2471.20 2400.00 2523.70 2171.60 0.552 times
31 Fri May 2024 2316.25 2410.00 2489.75 2295.95 1.242 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

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 27, 20, 14 Buy
MACD 46, 32Buy
Stochastics 89Buy
CCI 93Buy
RSI 46Sell
OBV 3773416Sell
VWAP 2373Buy
ADL 0Sell
ROC 7Buy
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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Grasim Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 2372.97 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 negative.

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

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