An in-depth analysis of the current exchange rate dynamics of the Indian...
Technicals for Granules India Limited
By MusingTheNews
2025-09-04 20:29
Overall Technical outlook
Price Summary
On 2025-09-03, GRANULES's stock opened at 508.5, reached a peak of 522.9, dropped to 507.3, and ended 1.96% higher at 518.45, with a volume of 1464910 shares. The stock's highest price over the 52-week span is 698.2, while the lowest price is 431.1. The projected price range for Granules India Limited is between 534.0 and 700.0, with an expected mean price of 602.8571, according to 7 analysts.
Technicals
Support and Resistance: The current price of 518.45 is supported at 511.45, with resistance at 530.55. This suggests that the price for GRANULES might remain between these levels, where 511.45 acts as a floor and 530.55 as a ceiling in the market. Support/Resistance for GRANULES
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Granules India Limited
Bol. Bands: The latest price move has seen the current price cross above the upper Bollinger Band, signaling a bullish trend. This breakout suggests that buying pressure is pushing prices higher than expected, which could lead to further gains. Traders may view this as a sign of strengthening market momentum. Bolinger Bands chart for Granules India Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Granules India Limited
Stochastic: GRANULES's stochastic indicator reflects a bullish trend, with the K-line positioned above the D-line and surpassing the 80 threshold. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors could interpret this as a positive signal for further gains. Stochastic chart for Granules India Limited
Tripple Moving Agerage: A bullish trend is indicated by the current alignment of the moving averages, with the 20-50-100 aggregates sloping upward to further support this outlook. This setup suggests that momentum is on the rise for GRANULES, reinforcing the potential for continued gains. Investors may interpret this as a positive signal for ongoing growth. 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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