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Technicals for Godrej Properties Limited
By MusingTheNews
2025-05-30 20:35
Overall Technical outlook
Price Summary
On 2025-05-29, GODREJPROP's stock opened at 2230.0, reached a peak of 2246.9, dropped to 2165.5, and ended 0.42% up at 2239.4, with a volume of 1318830 shares. The stock's highest value over the last 52 weeks is 3381.4, and the lowest value is 1927.15. Analysts expect the price of GODREJPROP to vary between 1800.0 and 3580.0, with an average expected price near 2810.5.
Technicals
Support and Resistance: The current price sits at 2239.4, supported at 2095.75 and capped by resistance at 2248.9. These levels define a range for GODREJPROP where the price might stabilize, with 2095.75 as a floor and 2248.9 as a ceiling. Support/Resistance for GODREJPROP
Aroon: The current reading of the AROON is neutral for GODREJPROP, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Godrej Properties Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Godrej Properties Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Godrej Properties Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for GODREJPROP. Parabolic Stop and Reverse chart for Godrej Properties Limited
Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, hinting at the potential beginning of a bearish price move for GODREJPROP. This setup could signal that the market's recent strength is weakening, possibly leading to a downturn. Traders should watch for further evidence of a bearish trend. Stochastic chart for Godrej Properties Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Godrej Properties 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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