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Stock analysis Grasim Industries Limited GRASIM

More indepth analysis on MunafaSutra.com

Moving Averages for Grasim Industries Limited

  • 5Day Average: 2297.53
  • 12Day Average: 2279
  • 20Day Average: 2274.42
  • 50Day Average: 2220.05
  • 100Day Average: 2152.77
  • 150Day Average: 2079.32
  • 200Day Average: 2012.7

GRASIM Indicators & signals

Indicator MACD (12,26,9)

2287.11, 2260.69, 21.78
Indicator MACD is in positive zone

Indicator ADX (14)

23.85, 27.49, 16.9
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GRASIM Grasim Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Wed Apr 2024 2337.75 2333.00 to 2384.30 -1.37% 1.44 times
23 Tue Apr 2024 2370.15 2278.40 to 2376.00 3.93% 2.57 times
22 Mon Apr 2024 2280.55 2266.05 to 2286.85 0.33% 0.63 times
19 Fri Apr 2024 2273.15 2201.35 to 2290.75 2.12% 1.49 times
18 Thu Apr 2024 2226.05 2219.45 to 2300.85 -0.75% 1.39 times
16 Tue Apr 2024 2242.95 2221.10 to 2249.25 0.25% 0.79 times
15 Mon Apr 2024 2237.40 2224.80 to 2253.40 -0.74% 0.58 times
12 Fri Apr 2024 2254.05 2249.30 to 2307.00 -2.27% 0.89 times
10 Wed Apr 2024 2306.35 2291.55 to 2314.90 0.22% 0.72 times
09 Tue Apr 2024 2301.30 2281.95 to 2312.35 0.9% 0.55 times
08 Mon Apr 2024 2280.80 2235.00 to 2288.45 1.93% 0.39 times
05 Fri Apr 2024 2237.55 2233.50 to 2277.10 -1.77% 0.64 times

Technical analysis forecast of Grasim Industries Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Grasim Industries Limited GRASIM at this time. Stock is rising and might rise more.

It appears as if Grasim Industries Limited GRASIM gave a large move recently.

Stock of Grasim Industries Limited (GRASIM) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Grasim Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Grasim Industries Limited stays above 2311.4, but if it comes below 2311.4, then a intra day sell could be more profitable.
If you take a sell trade below 2311.4, then use 2311.4 as stoploss and 2271.22 as target. However if you take a buy trade in Grasim Industries Limited, then use 2311.4 as stoploss and 2359.5 as target.

More indepth analysis on MunafaSutra.com