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Technicals for Gujarat Narmada Valley Fertilizers & Chemicals Limited
By MusingTheNews
2025-05-30 20:36
Overall Technical outlook
Price Summary
On 2025-05-29, Gujarat Narmada Valley Fertilizers & Chemicals Limited's stock opened at 548.6, peaked at 557.7, hit a low of 542.45, and closed -0.77% down at 544.4, with 828659 shares changing hands. Over the past 52 weeks, the stock reached a maximum price of 765.55 and a minimum price of 466.35.
Technicals
Support and Resistance: The price for GNFC at 544.4 finds support at 521.25 and resistance at 559.0. This suggests a trading range, where 521.25 serves as a support level and 559.0 acts as a resistance point, potentially capping further gains. Support/Resistance for GNFC
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Gujarat Narmada Valley Fertilizers & Chemicals Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for Gujarat Narmada Valley Fertilizers & Chemicals Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for GNFC. Parabolic Stop and Reverse chart for Gujarat Narmada Valley Fertilizers & Chemicals Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, signaling the potential beginning of a bearish price move for GNFC. This pattern may indicate that the market's upward momentum is starting to wane, possibly leading to a downturn. Investors should watch for further confirmation. Stochastic chart for Gujarat Narmada Valley Fertilizers & Chemicals Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for GNFC, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Gujarat Narmada Valley Fertilizers & Chemicals Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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