SWING IDEA - GRASIM
Strong breakout on weekly TF
formed a flag and pole pattern which is a continuation pattern
a strong up move expected after a thorough consolidation
SL - 1856
TARGET - 2300 // 2320
85.30INR
68.27 BINR
1.17 TINR
362.43 M
About GRASIM INDUSTRIES
Sector
Industry
CEO
Hari Krishna Agarwal
Website
Headquarters
Mumbai
Employees (FY)
43.13 K
Founded
1947
ISIN
IN9047A01011
FIGI
BBG01KXM82J6
Grasim Industries Ltd. engages in the production of chemicals and cement. It operates through the following segments: Viscose, Chemicals, Cement, Financial Services, and Others. The Viscose Staple Fibre segment offers wood pulp and yarn. The Chemicals segment produces caustic soda, allied chemicals, and epoxy. The Cement segment provides grey cement, white cement, and allied products. The Financial Services segment is responsible for the non-bank financial services, life insurance services, housing finance, private equity, equity and commodity broking, wealth management, general insurance advisory, and health insurance. The Others segment relates to textiles, insulators, agri-business and solar power. The company was on August 25, 1947 and is headquartered in Mumbai, India.
GRASIM INDUSTRIES S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels ar
Grasim - Potential UpsideLTP on NSE on 23/Feb/2024 was INR 2,190/- (with a high of INR 2,236.70 and a low of INR 2,182.60)
Although it is a good buy at current levels, conservatively I would still accumulate it around INR 2,060/- - 2,080/- zone.
Resultantly after all this discussion, I believe that the target price should b
GRASIM GRASIM looks good for mid -term.
GRASIM BUY
CMP-1933
TARGET- 2000/2070/2200+
SL BELOW-1900
#MIDTERM
Grasim trade setupBroadning decending wedge is a bullish pattern
2 probabilities, one is beariah as we can see a divergence in RSI. Second one is bullish as this pattern is a bullish pattern.
Once the wedge is broken upside we get to see those targets .. or if it continues in the range we get to see the bottom sup
GRASIM INDUSTRIES S/R for 1/4/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels ar
Grasim IndustruesHas given a long term trendline and Gann level BO at 2194 where SL can be placed just below this level
Can reach the marked targets as given in the graph.
GRASIMNSE:GRASIM
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appe
Swing Trade - GRASIM📊 Script: GRASIM
📊 Sector: Textiles
📊 Industry: Textiles - Manmade
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving Crossover.
📈 Right now RSI is around 62.
📈 One can go for Swing Trade.
⏱️ C.M.
GRASIM SETUP The stock is coming out of consolidation and is expected to make a top around 2150-2300 levels as per the expectation and may correct too after completing the technical pattern. It is making an entry into paint business which can give some boost as things are speeding up. However a strict sl is reco
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Frequently Asked Questions
The current price of GRASIMPP.E1 is 1158.45 INR — it has increased by 2.52% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange GRASIM INDUSTRIES LTD stocks are traded under the ticker GRASIMPP.E1.
GRASIMPP.E1 stock is 4.91% volatile and has beta coefficient of 2.42. Check out the list of the most volatile stocks — is GRASIM INDUSTRIES LTD there?
Yes, you can track GRASIM INDUSTRIES LTD financials in yearly and quarterly reports right on TradingView.
GRASIMPP.E1 stock has risen by 10.44% compared to the previous week, the month change is a 21.94% rise, over the last year GRASIM INDUSTRIES LTD has showed a 55.92% increase.
GRASIMPP.E1 net income for the last quarter is 15.14 B INR, while the quarter before that showed 11.64 B INR of net income which accounts for 30.13% change. Track more GRASIM INDUSTRIES LTD financial stats to get the full picture.
Today GRASIM INDUSTRIES LTD has the market capitalization of 1.64 T, it has increased by 1.66% over the last week.
No, GRASIMPP.E1 doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, GRASIMPP.E1 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade GRASIM INDUSTRIES LTD stock right from TradingView charts — choose your broker and connect to your account.
As of May 2, 2024, the company has 43.13 K employees. See our rating of the largest employees — is GRASIM INDUSTRIES LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. GRASIM INDUSTRIES LTD EBITDA is 328.29 B INR, and current EBITDA margin is 24.33%. See more stats in GRASIM INDUSTRIES LTD financial statements.