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Technicals for Godrej Consumer Products Limited
By MusingTheNews
2025-05-30 20:35
Overall Technical outlook
Price Summary
Godrej Consumer Products Limited's stock started the year at 1260.0, climbed to a high of 1261.9, fell to 1224.0, and closed -1.1% lower at 1246.1, with 1471839 shares traded on 2025-05-29. In the 52-week period, the stock's peak price is 1516.7, and the lowest price recorded is 990.25. 35 analysts predict that the future price of GODREJCP will be in the range of 1053.0 to 1500.0, with a mean expected price of about 1359.9143.
Technicals
Support and Resistance: The price of 1246.1 is supported at 1235.45 and faces resistance at 1291.5. This range suggests key levels for GODREJCP where the price may stabilize, with 1235.45 acting as a support and 1291.5 as a cap on gains. Support/Resistance for GODREJCP
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Godrej Consumer Products 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 Godrej Consumer Products Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Godrej Consumer Products Limited
Stochastic: The current state of the STOCHASTIC is neutral for GODREJCP, 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. Stochastic chart for Godrej Consumer Products Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Tripple SMA chart for Godrej Consumer Products 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.
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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