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Technicals for Godfrey Phillips India Limited
By MusingTheNews
2025-05-30 20:35
Overall Technical outlook
Price Summary
2025-05-29, saw GODFRYPHLP's stock open at 8390.0, hit a peak of 8410.5, fall to a low of 8242.0, and close lower -1.21% at 8288.5, with 34845 shares changing hands. The highest price the stock achieved in the past 52 weeks is 9177.0, while the lowest price it saw is 3549.95.
Technicals
Support and Resistance: The price for GODFRYPHLP at 8288.5 finds support at 8193.5 and resistance at 8654.0. This suggests a trading range, where 8193.5 serves as a support level and 8654.0 acts as a resistance point, potentially capping further gains. Support/Resistance for GODFRYPHLP
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Godfrey Phillips India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Godfrey Phillips India Limited
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. Parabolic Stop and Reverse chart for Godfrey Phillips India 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. Stochastic chart for Godfrey Phillips India Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for Godfrey Phillips India Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for Godfrey Phillips India Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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