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Technicals for Godrej Consumer Products Limited
By MusingTheNews
2026-02-02 20:35
Overall Technical outlook
Price Summary
On 2026-02-02, Godrej Consumer Products Limited's stock started at 1155.0, soared to 1173.3, dropped to 1132.2, and finished the day 1.31% up at 1170.1, with a trading volume of 1430192 shares. During the 52-week span, the stock hit a high of 1299.5 and a low of 990.25. The price projection is between 956.0 and 1520.0, with an average expected price around 1350.8649, according to 37 analysts.
Technicals
Support and Resistance: The price sits at 1170.1, supported by 1149.0 and resisted by 1184.9. This indicates a trading range where 1149.0 provides a floor, preventing declines, and 1184.9 acts as a ceiling, limiting further price increases for GODREJCP. Support/Resistance for GODREJCP
Aroon: The AROON 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. Aroon chart for Godrej Consumer Products 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 Godrej Consumer Products Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for GODREJCP. Parabolic Stop and Reverse chart for Godrej Consumer Products Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Godrej Consumer Products Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Godrej Consumer Products Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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