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Technicals for Grasim Industries Limited
By MusingTheNews
2025-08-15 20:35
Overall Technical outlook
Price Summary
On 2025-08-14, Grasim Industries Limited's stock opened at 2745.9, reached 2770.0, hit a low of 2731.1, and rose 0.69% to close at 2764.9, with 618912 shares traded. The stock reached its highest price of 2883.3 and lowest price of 2288.15 over the last 52 weeks. According to 11 analysts, the future price is anticipated to vary between 2850.0 and 3500.0, with an average expected price of around 3250.3635.
Technicals
Support and Resistance: At 2764.9, the price is supported at 2756.9 and faces resistance at 2861.1. This range suggests that the price for GRASIM might stay between these levels, with 2756.9 acting as a floor and 2861.1 as a ceiling. Support/Resistance for GRASIM
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Grasim Industries Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Grasim Industries Limited
Parabolic SAR: The PSAR for GRASIM continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Grasim Industries Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Grasim Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Grasim Industries Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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