The impact of the early monsoon rains in June 2025 on rural...
Technicals for Grasim Industries Limited
By MusingTheNews
2025-06-13 20:35
Overall Technical outlook
Price Summary
Grasim Industries Limited's stock opened at 2718.1 on 2025-06-12, surged to 2729.0, dropped to 2676.0, and ended -1.07% down at 2689.1, with 545559 shares traded. The stock's highest price over the 52-week span is 2843.75, while the lowest price is 2288.15. The future price of GRASIM is anticipated to range from 2698.0 to 3363.0, with an expected mean price of 3074.1, according to the recommendations of 10 analysts.
Technicals
Support and Resistance: The price of 2689.1 is supported at 2685.15 and faces resistance at 2756.9. This range suggests key levels for GRASIM where the price may stabilize, with 2685.15 acting as a support and 2756.9 as a cap on gains. Support/Resistance for GRASIM
Aroon: The current state of the AROON 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. Aroon chart for Grasim Industries Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Grasim Industries Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Grasim Industries Limited
Stochastic: With the K-line above both the D-line and the 80 mark, the stochastic indicator signals a bullish trend. This configuration suggests that the market is experiencing strong upward momentum, likely leading to further gains. Investors may see this as a favorable condition for potential growth. Stochastic chart for Grasim Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Grasim Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Grasim Industries Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article explores the Reserve Bank of India's initiatives aimed at enabling...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.