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Technicals for Godrej Industries Limited
By MusingTheNews
2025-09-04 20:29
Overall Technical outlook
Price Summary
On 2025-09-03, GODREJIND's stock opened at 1194.7, reached a peak of 1206.4, dropped to 1188.3, and ended 0.53% higher at 1201.0, with a volume of 49605 shares. Over the previous 52 weeks, the stock reached a high of 1359.5 and a low of 800.7.
Technicals
Support and Resistance: The price sits at 1201.0, supported by 1152.65 and resisted by 1237.65. This indicates a trading range where 1152.65 provides a floor, preventing declines, and 1237.65 acts as a ceiling, limiting further price increases for GODREJIND. Support/Resistance for GODREJIND
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 Industries Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Godrej Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Godrej Industries Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for GODREJIND. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Godrej Industries 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 Godrej Industries Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Godrej Industries Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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