What does it mean when you dream of a grandmother holding her living daughter?

The question is rather confusing. If it means a deadgrandmother holding her living daughter (or granddaughter?) it reflects your need to be assured that the love and care of one generation toward another continues beyond the limits of this life. On the other hand, if you actually mean a dream about a living grandmother holding her living daughter, this is not particularly unusual, and only reflects the affection between your grandmother and your mother. Depending on the emotions you experienced during the dream, it might mean that you long to be included in the love shared among the women in your family.