Grasim Industries Ltd – 1D

Trend Sideways to positive bias. Price is consolidating above higher supports while repeatedly testing the upper range. Support & Resistance Major Support: 2,670 – 2,650 Secondary Support: 2,500 – 2,480 Immediate Resistance / Breakout Zone: 2,975 – 3,000 Expected Move Sustained acceptance above the 2,975–3,000 zone can open room for a fresh directional move. Failure to cross keeps the stock in range consolidation. Short Fundamentals Summary Diversified presence across cement, chemicals, and financial services via group companies. Long-term structural story remains intact with cyclical tailwinds. Final Verdict Well-structured base near supports. Stock remains in a wait-for-confirmation zone near resistance.