Overall Technical outlook

Price Summary

With a 4.45% jump, Gujarat Mineral Development Corporation Limited enjoyed a robust day in the stock market.
Gujarat Mineral Development Corporation Limited's stock started trading at 440.1 on 2025-09-03, climbed to 464.95, fell to 439.1, and closed 4.45% higher at 459.7, with 8276300 shares traded.
During the past 52 weeks, the highest stock price was 459.7, and the lowest was 238.38.

Technicals

Support and Resistance: At 459.7, the price is supported by 457.9 and resisted by 457.9. This indicates that the price for Gujarat Mineral Development Corporation Limited might fluctuate between these levels, with 457.9 acting as a support and 457.9 limiting further upward movement.
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Support/Resistance for GMDCLTD


Aroon: The AROON indicator is currently reflecting a strong bullish trend, as the Aroon Up has risen and the Aroon Oscillator has reversed. These signals suggest a reversal to an upward trend, indicating that market sentiment is shifting towards optimism. Investors might expect further upward momentum, with the potential for continued gains in the market.
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Aroon chart for Gujarat Mineral Development Corporation Limited


Bol. Bands: The current price has broken above the upper Bollinger Band, signaling a bullish move for GMDCLTD in its latest action. This breakout suggests that buying momentum is building, driving the price higher than usual. Traders may view this as a positive sign, indicating the possibility of continued price increases.
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Bolinger Bands chart for Gujarat Mineral Development Corporation Limited


Parabolic SAR: The PSAR has recently shifted from a bearish to a bullish stance, hinting at a potential trend reversal. If this move is corroborated by other indicators, it could represent a strong bullish signal. Traders should watch for further confirmation to assess the validity of this upward trend for GMDCLTD.
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Parabolic Stop and Reverse chart for Gujarat Mineral Development Corporation Limited


Stochastic: The STOCHASTIC 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.
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Stochastic chart for Gujarat Mineral Development Corporation Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages for Gujarat Mineral Development Corporation Limited are currently aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that this bearish momentum may be weakening. This could indicate an upcoming shift towards bullish price action, as the loss of downward momentum might lead to a potential reversal in the market's current trend.
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Tripple SMA chart for Gujarat Mineral Development Corporation Limited


When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.