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2022 Grasim Industries (GRASIM) technical analysis [forecast] stock price targets

Grasim Industries technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Grasim Industries deals in Textiles Grasim Industries option chain analysis

Date Close Open High Low Volume
27 Thu Jan 1687.05 1697.10 1700.00 1660.10 8.15 lakhs
25 Tue Jan 1721.30 1668.60 1726.20 1658.05 8.35 lakhs
24 Mon Jan 1690.70 1791.80 1791.80 1684.00 10.19 lakhs
21 Fri Jan 1792.10 1829.00 1829.00 1779.00 5.25 lakhs
20 Thu Jan 1831.00 1817.00 1836.75 1813.60 7.13 lakhs
GRASIM chart

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 1680.7 as stoploss in an intra day buy trade for a target of 1770.41. However, stock will show a bearish move below 1680.7.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of GRASIM based on a short to mid 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.

  • Daily Price action analysis of GRASIM based on a 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.

Intraday technical analysis of Grasim Industries

Stock is trading at 1720.20 as on 28 Fri Jan 10:40

Day open is at 1700.00, day high is at 1724.00, day low is at 1692.75, and day volume is at 45.79 lakhs so far.

First 15 minute high low range is 1696.05 - 1710.40

First hour high low range is 1692.75 - 1710.40

Date Intraday Price Open High Low Volume
28 Fri Jan 10:40 1720.20 1700.00 1724.00 1692.75 464676
28 Fri Jan 10:34 1722.10 1700.00 1723.15 1692.75 456822
28 Fri Jan 10:30 1721.00 1700.00 1723.15 1692.75 452404
28 Fri Jan 10:25 1717.35 1700.00 1723.15 1692.75 447497
28 Fri Jan 10:20 1718.85 1700.00 1723.15 1692.75 439706
Intraday GRASIM chart

Trend of Grasim Industries is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Grasim Industries (GRASIM) intraday stock price targets

  • EntEntry: 1703.23 or 1676.8125
  • Upside target: 1710.4
  • Downside target : 1681.7
  • Second Upside target: 1693.53
  • Second Downside target : 1653.63

Grasim Industries (GRASIM) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 1687.05 1791.80 1658.05
1791.80
26.681 lakhs
21 Fri Jan 1792.10 1857.30 1779.00
1929.80
42.374 lakhs
14 Fri Jan 1857.30 1810.00 1793.60
1883.00
56.478 lakhs
07 Fri Jan 1797.65 1629.75 1617.00
1807.00
73.308 lakhs
31 Fri Dec 1622.25 1600.50 1587.55
1644.00
61.945 lakhs
weekly GRASIM chart

Weekly forecast of Grasim Industries is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Grasim Industries 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.

Weekly Price action analysis of Grasim Industries based on a short to mid 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.

Grasim Industries (GRASIM) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Thu Jan 1687.05 1629.75 1617.00
1929.80
198.841 lakhs
31 Fri Dec 1622.25 1667.00 1587.55
1769.70
216.595 lakhs
30 Tue Nov 1662.45 1722.00 1642.70
1893.00
185.309 lakhs
29 Fri Oct 1721.10 1659.95 1590.00
1798.40
224.898 lakhs
30 Thu Sep 1669.45 1510.00 1480.20
1694.30
273.092 lakhs
monthly GRASIM chart

Monthly forecast of Grasim Industries is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Grasim Industries 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.

Monthly Price action analysis of Grasim Industries based on a short to mid 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.

Grasim Industries Daily stock price targets

  • Upside daily target: 1965.35
  • Upside daily target: 1869.93
  • Upside daily target: 1767.6
  • Downside daily target: 1676.81

Grasim Industries Weekly stock price targets

  • Upside weekly target: 1914.85
  • Upside weekly target: 1819.98
  • Upside weekly target: 1730.19
  • Downside weekly target: 1640.4

Grasim Industries Monthly stock price targets

  • Upside monthly target: 1964.83
  • Upside monthly target: 1863.95
  • Upside monthly target: 1726.98
  • Downside monthly target: 1644.68
  • Downside monthly target: 1557.3
  • Downside monthly target: 1459.4
  • Downside monthly target: 1373.15
  • Downside monthly target: 1226.53

Grasim Industries (GRASIM) indicators technical analysis

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.

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 but the sell signal is initial and weak.

Grasim Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 SELL signal for Grasim Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 1807.84 and Grasim Industries GRASIM stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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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