An engaging overview of the latest fintech and digital banking trends —...
Technicals for Gujarat Mineral Development Corporation Limited
By MusingTheNews
2026-02-02 20:36
Overall Technical outlook
Price Summary
On 2026-02-02, Gujarat Mineral Development Corporation Limited's stock began at 577.5, peaked at 584.0, bottomed at 558.0, and closed -0.17% down at 576.5, with a volume of 3454276 shares. In the last 52 weeks, the stock's top price was 630.3 and the bottom price was 238.38.
Technicals
Support and Resistance: The price for GMDCLTD at 576.5 finds support at 560.35 and resistance at 627.4. This suggests a trading range, where 560.35 serves as a support level and 627.4 acts as a resistance point, potentially capping further gains. Support/Resistance for GMDCLTD
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Gujarat Mineral Development Corporation Limited
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. Bolinger Bands chart for Gujarat Mineral Development Corporation Limited
Parabolic SAR: The PSAR continues to be bullish for GMDCLTD, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Gujarat Mineral Development Corporation Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Gujarat Mineral Development Corporation Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Gujarat Mineral Development Corporation Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An investor-focused analysis of how 2025 tariffs are reaching consumers in 2026,...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.