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Technicals for Granules India Limited
By MusingTheNews
2026-02-02 20:35
Overall Technical outlook
Price Summary
Granules India Limited's stock opened at 552.9 on 2026-02-02, surged to 557.85, dropped to 537.65, and ended -0.02% down at 552.8, with 349541 shares traded. Over the course of 52 weeks, the stock peaked at 619.2 and hit a low of 431.1. The price outlook for GRANULES is between 580.0 and 710.0, with an average expectation of 642.8571, as estimated by 7 analysts.
Technicals
Support and Resistance: The current price for GRANULES is 552.8, supported at 523.8 with resistance at 557.3. This indicates a trading range where 523.8 might prevent further declines, while 557.3 could hinder additional gains. Support/Resistance for GRANULES
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Granules India Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Granules India Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for GRANULES. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Granules India Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Granules India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Granules India Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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