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Technicals for Grasim Industries Limited
By MusingTheNews
2025-12-15 20:36
Overall Technical outlook
Price Summary
On 2025-12-15, Grasim Industries Limited's stock opened at 2836.7, peaked at 2849.9, hit a low of 2817.0, and closed -0.55% lower at 2821.0, with 736192 shares changing hands. In the last 52 weeks, the stock's top price was 2958.7 and the bottom price was 2288.15. The projected price range for Grasim Industries Limited is between 2960.0 and 3690.0, with an expected mean price of 3293.0908, according to 11 analysts.
Technicals
Support and Resistance: The price currently sits at 2821.0, finding support at 2779.1 and resistance at 2861.1. These levels define a range for Grasim Industries Limited where the price may move, with 2779.1 offering a base and 2861.1 limiting upward momentum. 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 is positioned above the upper Bollinger Band, where it has stayed since its recent move upward. This could indicate strong bullish momentum, with the asset potentially being overbought. Traders may view this as a sign of sustained strength, but the prolonged period above the band also suggests that a correction or reversal could be on the horizon for GRASIM. Bolinger Bands chart for Grasim Industries Limited
Parabolic SAR: The PSAR continues to be bullish for GRASIM, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Grasim Industries Limited
Stochastic: The stochastic indicator signals a bullish outlook, with the K-line above the D-line and the 80 threshold. This configuration points to strong upward momentum, implying that the market may continue to rise. Investors might see this as a positive indication of potential upward movement. Stochastic chart for Grasim Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. 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.
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