Grasim Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Grasim closed the previous week on a negative note losing 3.19%
Technically, Grasim share price will see immediate support at 1,792.90 and immediate resistance would be seen at 1,851.85
If Grasim share price closes below immediate support of 1,792.90, then sharp breakdown can be seen. Grasim share price will see major support at 1,762.00 for the week.
On the positive side, immediate resistance will be seen at 1,851.85. Closing above 1,851.85, Grasim share price will see a sharp breakout. Major resistance for Grasim share price will be seen at 1,879.90 for the week.
Trading range for Grasim share price for this week should be between 1,733.95 on down side and 1,910.80 on up side.
Grasim Previous Week High: 1849
Grasim Previous Week Low: 1790.05
Grasim Previous Week Range: 58.95 Points
Grasim share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 1,910.80 |
Resistance 2 | 1,879.90 |
Resistance 1 | 1,851.85 |
Support 1 | 1,792.90 |
Support 2 | 1,762.00 |
Support 3 | 1,733.95 |