GRASIM - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📉 Intraday Trade Analysis – Grasim Industries Ltd. (GRASIM) IntraDay Trade Rating: 3.2

Grasim is on a pivot ledge today — while its recent PAT and EPS figures look robust, the stock is teetering on technical balance. The MACD’s bearish bias and mid-range RSI reflect unclear momentum. Still, above-average volume hints at speculative interest. This isn’t an aggressive intraday play, but it could favor skilled scalping on short bursts.

🔍 Key Technical Indicators Overview

RSI (49.3) → Mid-zone neutrality; rising above 53 would signal actionable strength.

MACD (-5.44) → Bearish divergence; not supportive of a trending move.

Volume (7.73L vs 6.52L avg) → Slightly above average; worth monitoring for spikes.

Price near DMA50 (₹2,727) and above DMA200 (₹2,615) → Caught at short-term inflection point.

💸 Intraday Trade Setup

🧾 Trade Element Suggested Price Zone (₹)

Buy Zone ₹2,739 – ₹2,745

Profit Target ₹2,760 – ₹2,778

Stop-Loss Level Below ₹2,728

Entry near ₹2,740 should be backed by bullish engulfing or hammer formation with volume jumping past 9L. Avoid buying on flat candles or low volume.

⏱ If Already Holding Today

Exit for Profit

Aim for ₹2,760–₹2,778 if RSI crosses 53 and MACD begins converging upward.

Confirmation: Strong green candles and volume exceeding 8.5L.

Exit for Loss Protection

Tighten exposure below ₹2,728 if RSI dips under 47 or MACD widens downwards.

Watch for narrow-bodied candles or lower shadows signaling weakness.

💭 Final Takeaway

Grasim’s intraday profile is a blend of cautious optimism and technical ambiguity. For traders comfortable with quick scalps or layered exits, it may offer a low-volatility opportunity. Looking for trades with sharper breakout conviction or cleaner trend structure? I can fetch a shortlist based on your preferred style — just give me a nudge.

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