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Technicals for Granules India Limited
By MusingTheNews
2025-05-30 20:36
Overall Technical outlook
Price Summary
The stock of Granules India Limited experienced a 2.16% jump, showcasing a impressive market performance. On 2025-05-29, Granules India Limited's stock began at 524.0, peaked at 537.0, bottomed at 524.0, and closed 2.16% higher at 535.3, with a volume of 1853335 shares. The stock reached its highest price of 718.1 and its lowest price of 412.0 during the 52-week period. 8 analysts suggest that GRANULES's future price will lie between 560.0 and 700.0, with an average expected price of roughly 633.75.
Technicals
Support and Resistance: The price of 535.3 is supported at 516.4 and faces resistance at 543.05. This range suggests key levels for GRANULES where the price may stabilize, with 516.4 acting as a support and 543.05 as a cap on gains. Support/Resistance for GRANULES
Aroon: Aroon's bullish trend continues, with Aroon Up at the 100 level, indicating strong market momentum. However, further analysis with other indicators is essential for GRANULES to assess the trend's long-term viability and potential for continued growth. Aroon chart for Granules India Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Granules India Limited
Parabolic SAR: The PSAR for GRANULES maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Granules India Limited
Stochastic: The stochastic indicator for Granules India Limited reflects a bullish sentiment, as the K-line is above both the D-line and the 80 threshold. This setup points to strong upward momentum, implying that the market may continue to rise. Traders could consider this as an indication of sustained bullish activity. Stochastic chart for Granules India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Granules India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Granules India Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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