Grasim Industries is currently in a cautiously bullish phase, trading near its 200-day moving average (~₹2676) with support around ₹2688 and resistance near ₹2730-2740. Key technical indicators including RSI (~53), Stochastic RSI (overbought), and ADX (~32) suggest mixed momentum but overall buying interest remains intact. MACD is slightly negative indicating some short-term profit booking, but the stock is holding well above critical support levels pointing to medium-term strength.
BUY : GRASIM25NOV252700CE( GRASIM ) [103871]
—
by