Technicals for Godrej Industries Limited

Price Summary

Godrej Industries Limited's stock, on 2026-06-03 opened at 1065.9, climbed to a high of 1073.0, dropped to a low of 1045.1, and closed up -1.06% at 1054.6, with 86538 shares traded.
The top price for the stock in the last 52 weeks is 1359.5, with the bottom price being 749.0.

Technicals

Support and Resistance: At 1054.6, the price is held up by support at 1014.0 and faces resistance at 1073.15 for GODREJIND. This suggests a trading range where 1014.0 provides a base and 1073.15 limits upward movement.


Aroon: Aroon's bearish trend persists for GODREJIND, with Aroon Down holding steady at the 100 level. This suggests ongoing weakness, but further exploration with additional indicators is necessary to fully assess the trend's future trajectory.


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.


Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains.


Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, it signals a mildly bearish trend. This positioning hints at potential weakness in the market, though the bearish sentiment is mild. Investors should monitor this trend closely for any further signs of a downturn.


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Godrej Industries Limited.


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.