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Technicals for Godrej Industries Limited
By MusingTheNews
2025-05-30 20:35
Overall Technical outlook
Price Summary
Godrej Industries Limited's stock opened at 1182.0 on 2025-05-29, surged to 1212.2, hit a low of 1173.2, and closed up -0.13% at 1180.5, with 226700 shares traded. Throughout the 52-week period, the stock hit a high of 1238.05 and a low of 786.75.
Technicals
Support and Resistance: The current price of 1180.5 for GODREJIND is supported at 1153.1 and faces resistance at 1237.65. These levels indicate that 1153.1 could act as a floor, while 1237.65 might limit any further price increases. Support/Resistance for GODREJIND
Aroon: Aroon's bullish trend continues, with Aroon Up at the 100 level, indicating strong market momentum. However, further analysis with other indicators is essential for GODREJIND to assess the trend's long-term viability and potential for continued growth. Aroon chart for Godrej Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Godrej Industries Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Godrej Industries Limited
Stochastic: The K-line is now below the D-line on the stochastic indicator, though it remains above 80, pointing to a possible bearish price move. This could be an early warning that the market's upward trend is weakening, potentially leading to a reversal. Investors should be cautious and watch for further bearish signals. Stochastic chart for Godrej Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Godrej Industries Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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