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Technicals for Grasim Industries Limited
By MusingTheNews
2025-09-05 20:30
Overall Technical outlook
Price Summary
On 2025-09-05, Grasim Industries Limited's stock began at 2810.0, climbed to 2837.5, dropped to 2786.1, and had -0.21% to end at 2804.0, with a volume of 495200 shares. The top price for the stock in the last 52 weeks is 2883.3, with the bottom price being 2288.15. Future price predictions suggest a range between 2850.0 and 3500.0, with an average expected price of 3250.3635, as per 11 analysts.
Technicals
Support and Resistance: The current price sits at 2804.0, supported at 2756.9 and capped by resistance at 2861.1. These levels define a range for GRASIM where the price might stabilize, with 2756.9 as a floor and 2861.1 as a ceiling. Support/Resistance for GRASIM
Aroon: The current state of the AROON 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. Aroon chart for Grasim Industries Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Grasim Industries Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for GRASIM. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Grasim Industries Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. 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
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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