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Technicals for Grasim Industries Limited
By MusingTheNews
2025-12-11 20:36
Overall Technical outlook
Price Summary
On 2025-12-11, Grasim Industries Limited's stock began at 2757.0, climbed to 2802.7, dropped to 2742.7, and had 1.48% to end at 2797.8, with a volume of 453626 shares. The highest price the stock achieved in the past 52 weeks is 2958.7, while the lowest price it saw is 2288.15. Analysts predict that the future price will fluctuate between 2960.0 and 3690.0, with the mean expected price being approximately 3293.0908.
Technicals
Support and Resistance: The price is currently at 2797.8, supported by 2779.1 and resisted by 2861.1. This indicates a range where 2779.1 may provide a base for the price, while 2861.1 serves as a cap on further upward movement for GRASIM. Support/Resistance for GRASIM
Aroon: Aroon's bullish trend continues, with Aroon Up at the 100 level, indicating sustained market strength for GRASIM. This trend warrants further exploration alongside other indicators to fully understand its implications and potential future direction. Aroon chart for Grasim Industries Limited
Bol. Bands: The current price has recently moved above the upper Bollinger Band, marking a bullish signal. This breakout indicates that the market is experiencing heightened buying interest, pushing prices for GRASIM beyond their usual range. Such a move is often viewed as a sign of increasing momentum, with the potential for further price gains. Bolinger Bands chart for Grasim Industries Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for GRASIM. Parabolic Stop and Reverse chart for Grasim Industries Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for GRASIM, with no strong trend emerging. Stochastic chart for Grasim Industries Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Grasim Industries Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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