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Technicals for Godawari Power & Ispat Limited
By MusingTheNews
2025-09-05 20:29
Overall Technical outlook
Price Summary
On 2025-09-05, Godawari Power & Ispat Limited's stock opened at 244.5, spiked to 244.87, declined to 240.74, and closed -0.87% down at 242.37, with 1348337 shares traded. The stock's highest price in the past 52 weeks is 247.98, while its lowest price during the same period is 151.53.
Technicals
Support and Resistance: The price is currently at 242.37, supported by 206.2 and resisted by 243.03. This indicates a range where 206.2 may provide a base for the price, while 243.03 serves as a cap on further upward movement for GPIL. Support/Resistance for GPIL
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for GPIL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Godawari Power & Ispat Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for GPIL, 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. Bolinger Bands chart for Godawari Power & Ispat Limited
Parabolic SAR: The PSAR for GPIL continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Godawari Power & Ispat Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, signaling the potential beginning of a bearish price move for GPIL. This pattern may indicate that the market's upward momentum is starting to wane, possibly leading to a downturn. Investors should watch for further confirmation. Stochastic chart for Godawari Power & Ispat Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for Godawari Power & Ispat Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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