Sensex, Nifty, Share Prices LIVE: The short-term outlook is bullish for Grasim Industries. The 1.4 per cent rise on Friday has taken the share price well above the key psychological resistance level of ₹2,800.

The recent rise is happening after forming a good base above the 200-Day Moving Average (DMA), currently around ₹2,715. The region around ₹2,800 can now act as a good resistance-turned-support and limit the downside from here.

Grasim Industries share price can rise to ₹3,000 in the coming weeks. Traders can buy Grasim Industries shares now at ₹2,837.